MASTER LIMITED PARTNERSHIPS

Tuesday, October 28, 2008

MLP index now flat...and the dow up only 125. I smell a rout developing.

Anonymous said...: Yep, back to the grind. We have to be honest with ourselves. we're in a world of economic hurt here and recovery is a long way off.

At least we get paid to wait in MLPs.

I expect nothing to improve in the near term.; 10/28/2008 10:58 AM
Anonymous said...: We were higher in the am, basically on the Asian rebound ( not on hopes of a Fed rate cut ( pushing on a string ).

Morgan Stanley and Goldman Sachs sharply lower, perhaps that and the Consumer Confidence #s are spooking any traders that are taking the long side.

Maybe GS and MS are on the wrong side of the VW short squeeze?

HS; 10/28/2008 11:17 AM
Anonymous said...: Rumor is that GS is on the wrong side of the VW trade, although that shouldn't knock it down 5 points. But in this mkt, ....; 10/28/2008 12:17 PM
Anonymous said...: This market is just a circle jerk...; 10/28/2008 1:53 PM
Anonymous said...: Huge divergence between the large cap names (KMP, EPD, TPP) and smaller names (MWE, NGLS, RGNC); 10/28/2008 2:15 PM
Anonymous said...: Is it possible that some mlp's will be forced to cut distributions because of falling energy prices?

Citi research suggested APL at risk.

SteveH; 10/28/2008 2:18 PM
Anonymous said...: Didn't APL raise their distribution guidance for 2009?

Nice try shorty!; 10/28/2008 2:36 PM
Anonymous said...: Obvious forced selling/margin call/liquidation in NGLS, XTEX and WPZ today...; 10/28/2008 2:37 PM