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Tuesday, August 05, 2008


Freefall continues as the index is down almost 4 points. No sign of an uptick.

Weekly chart takes us back to 2005-2006. Glory!
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3 comments:

Anonymous said...

If the secular bull market in commodities were over, what effect would that have on valuations for MLPs? Given the behaviour of MLPs during the last months of that bull market, is it possible to make any useful predictions about the new environment of declining commodity prices?

8/05/2008 2:21 PM
joewxman said...

i would say that it would be difficult to say anything useful or predictive in here for mlps since nothing is working at all in here.

I really believe its all about the damage in the credit markets and mlps will suffer until credit markets repair themselves.

8/05/2008 2:31 PM
Anonymous said...

i kinda wish i never heard of the mlp investment
its cost me big money

8/05/2008 2:38 PM

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