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Monday, August 11, 2008

The downticks continue as the gain is now under 1 point. Energy stocks getting hammered as oil is down over 2 dollars. Losers seeing their losses extended in here. Its a wonder the group is showing a gain at all considering the drivers are still applying pressure.

4 comments:

Anonymous said...

Its a wonder the group is showing a gain at all considering the drivers are still applying pressure.

Give it some time Joe, we still have an 1:40 before the market closes, we'll be red...

Anonymous said...

Its always remarkable how a downgrade can destroy an MLP's price, yet upgrades have no impact.

Anonymous said...

APL yielding almost 12%, it will yield almost 13% on next years $4.25 minimum distribution.

Whats wrong with this thing?

joewxman said...

the good news for CEP is that the houses that follow them have all downgraded so there is no one left!