MASTER LIMITED PARTNERSHIPS

Monday, July 07, 2008

Well it took a while but at least the double short Oil and Gas (DUG) has a nearly 2 point gain today as we are now at the lows of the day..down nearly 5 points on the mlp index. Getting close to that 262 level.

10 comments:

Anonymous said...: One of the things about investing that confounds me is why the sudden and urgent need to sell? Take BPL as an example, it was $50.00 about 6 weeks ago, it's now approaching $40.00. Nothing has really changed and there is no break in the selling. I have averaged down several times, as we approach 10% yields across the board on most 2009 distributions. For alot of MLP's we will be pushing 11% soon.

I have been wrong for months, so I have no idea.; 7/07/2008 2:49 PM
Anonymous said...: Dan Duncan continues to buy EPD shares like there is no tomorrow...Nobody knows more about this business than Dan Duncan.; 7/07/2008 3:03 PM
Anonymous said...: When crude ramps, NS goes down because asphalt margins get squeezed. Crude falls and NS falls to its lowest price in over a year. When does NS actually go up?; 7/07/2008 3:09 PM
Anonymous said...: Was that the puke?; 7/07/2008 3:12 PM
Anonymous said...: EVEP -8%...C'mon now. Doesn't this selloff seem slightly overdone???; 7/07/2008 3:28 PM
Anonymous said...: I have long wanted to buy some GP's and got my chance today with a 1/2 position in ETE at $27.58.

In my view, at today's prices many of the GP's represent a particularly good long-term play--particularly for those of us who already own several LP's.

Bruce Sherman
Oakland, Oregon; 7/07/2008 4:24 PM
Anonymous said...: DEP is now yielding 9.5%. Not the fastest grower, but that's too cheap. NSH is too cheap too, IMO.; 7/07/2008 4:48 PM
joewxman said...: my answer to every post.

bear market!; 7/07/2008 4:59 PM
Anonymous said...: Everyone is screaming that EPD is a buy because Dan is buying, but it is still yield almost 100 points better than everyone else. It will keep dopping until they are more equal.; 7/07/2008 5:53 PM
Anonymous said...: I understand that the MLP's downturn is due to the lack of buyers, but I am seeing the volumes on some of the MLPs and it appears that there is an institutional seller out there doing this. Doeas anyone have any insight?

I also wonder when the retail investors will see the great buys and start acquiring these MLPs again.; 7/07/2008 7:46 PM