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Monday, September 25, 2006


Days like today can make you want to pull your hair out. MLPS just sort of sitting there...off the lows but no rush to the flat line. Just sort of holding their own at mostly lower prices.
MLP index down 1. Notice on the weekly chart, the down moves of the last week are still within the context of the basing pattern. Ultimately i think we see new highs but i guess we have more sideways work to do.

2 comments:

Anonymous said...

Any view on AHGP or EPE? Just looking at other GP's with high forecast growth rates. In a Citigroup report they had the 4yr CAGR at 26.3% and 19.1% repectively. ETE is 28.0%.

joewxman said...

The coal and nat resource MLPS have been going down harder than the rest of the group so short term we have pressure. Look at NRP,PVR and the like...not doing well lately so i think for now...ETE is still my favorite.

EPE (ENTERPRISE)..its so big now i wonder how much growth can you get?It also has been an underperformer.