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Friday, March 19, 2010

A pullback was in order for a while but the tape was hard to fight. We are getting one today however as the mlp index is down nearly 5 points. 1 point plus losses in Nustar (NS) Alliance Resource (ARLP) Plains All American (PAA) and Energy Transfer Partners (ETP). Every mlp on the board is down today following big energy stocks which are selling off.

Beautiful Friday here in the northeast so i think i will call it a day a bit early and enjoy the sun. Hopefully no afternoon wholesale collapse.

1 comment:

Unknown said...

Joe, any thoughts on ENP for the future?
Thanks in advance!
Bob