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a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
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Glad to hear about the distribution kicker from Inergy because based on the futures this morning, that might be the only stock in my stable that has a prayer of not going down today.
Also, for any Marc Faber fans out there, in a Bloomberg interview this morning he said he thinks that after a brief pullback the S&P has a good chance to rally to 1,000 later this year. That's the good news. The bad news is that the rally will, in effect, be fueled by the Fed's printing press. Franklin Delano Obama is the perfect conductor for the music of Benny and the Injets. (The last sentence is not a Faber quote; it's a Yours Truly quote.)
Yours Truly,
Lee
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