MASTER LIMITED PARTNERSHIPS

Thursday, August 14, 2008

We will find out after the close what Warren Buffett has been doing with his stock positions. Oh well...lets bring out our dead!

Anonymous said...: Natgas is a fine example of what happens when a momentum trade reverses...; 8/14/2008 3:55 PM
Anonymous said...: Don't forget that it wasn't speculators who gunned natgas prices higher and now lower...it's the drillers and end users... ;-); 8/14/2008 3:58 PM
Anonymous said...: WPZ back to it's old ways -2.70%

Just another flea bitten dog in the mlp kennel.; 8/14/2008 4:01 PM
Anonymous said...: Someone sold 25,000 shares of KSP on the close to knock that one down .60. Could be the same guy selling WPZ. Hopefully this bleeding stops soon; the AMZ isn't fully reflecting the carnage out there.; 8/14/2008 4:05 PM
Anonymous said...: The AMZ reflects nothing (except the price of KMP). The average MLP is down by >20% YTD. With over a dozen down by more than 30%. It's just a slaughter.

But at least most of the guys on the blog are content to get $3.00 in distributions for every $10.00 they lose in principal.; 8/14/2008 4:13 PM
Anonymous said...: It looks bad, all right, unless hereabouts is your entry point. A starter position @ ~260 AMZ should pay off well, distributions and all.; 8/14/2008 4:56 PM
Anonymous said...: MLPs are vehicles of financial ruin.

No they aren't!

I'm afraid they are.

But they're not!

http://www.youtube.com/watch?v=k3HaRFBSq9k; 8/14/2008 5:36 PM