We have the dow down 160 and mlps down 3 on the index which really is not too bad. Falling yields to near record lows again probably is supporting MLPS to some degree. Also a rally in nat gas doesn't hurt. Most mlps are down fractions with Enterprise (EPD) and Kinder Morgan (KMP) down less than 50 cents apiece. So far in mlps the selling is pretty routine.
Watch the markets today in the last hour to see if buyers step up to the plate. Otherwise the "double top" experts may be heard from.
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About Me
- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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1 comment:
Just wanted to let you how much I look forward to your comments on MLP activity. When there is no post, there is nothing to relate, and that, too, is "information". Thanks for the help!
Jack K Larsen
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