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Tuesday, August 05, 2008

Some of the bigger energy stocks are actually rallying right now. But that means nothing here. 260 as of this post on the MLP index down 2 and change and no sign of buyers.
Posted by at

4 comments:

Anonymous said...

Glad it broke, now we don't have to hear about the magical 262 level you have been talking about since December.

8/05/2008 1:26 PM
Anonymous said...

APL trading at a 13% yield versus next years $4.25-$4.50 distribution which they already said would be paid...

What the f*ck is going on? Is it really that bad out there???

8/05/2008 1:28 PM
joewxman said...

then dance in the streets and rejoice if it makes you happy.

8/05/2008 1:28 PM
joewxman said...

and by the way. the 262 level has been a bounce point along the way in the last year. You could have traded in and out and made money using that point. That's why it was "magical"

8/05/2008 1:36 PM

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