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Wednesday, April 01, 2009

FIRST QUARTER OVER WITH BUT IT ACTUALLY ENDED ON JANUARY 3!






That first day of the quarter took us from 176 to 191 and thats where we ended the quarter on the MLP index! We spent the other 89 days essentially going sideways albeit in a wide range from 165 to 205. Still up is up and we outperformed the S&P by 20 percent and for that we are very happy! And we are up over 10% for the year total return which also we are happy about.

Okay so today begins a new quarter and futures are a little lower this morning to start but nothing tragic. Futures actually were down well over 100 points last night before steadily cutting losses. No corporate news in mlp land and so far no upgrades or downgrades.

Its April Fools Day and as a result we have a sample of an idiot!



I need not say anything. We also have this fabulous news from the Peoples Republic Of the State of Washington. The government wants you to make sure you wash dishes correctly.

2 comments:

jcarroll1948 said...

Harry Reid's argument that we pay taxes voluntarily because we fill out our own tax returns is patently absurd. If I were his lawyer, I would argue that taxes are paid voluntarily because we, the people (?sheeple?), elected the legislators who imposed the taxes. But, however one spins it, taxes are paid due to the threat of imprisonment and/or fines.
JCarroll

joewxman said...

we may taxes voluntarily unless of course your an Obama administration appointee and it turns out you didn't. But thats okay. You have a D at the end of your name so you get a pass.