EAGLE ROCK BUYS LASER MIDSTREAM
NEW QUARTER BEGINS WITH NO SIGN
OF AN MLP TOP

Monday morning in a new month in a new quarter and we begin with a deal. Eagle Rock (EROC) is buying assets of Laser Midstream and others which will be paid with a priviate placement of shares. Stock should move higher on the news.


Also this morning we start a new quarter after 2 nearly straight up quarters and a 13% total return in q1 on the mlp index.

I have to think we have got to get a correction sooner or later but who knows when that will happen. Rather than predict it i'll just wait for it to evolve.

No upgrades or downgrades this morning so far.

Btw it took me 20 years but i finally won an emmy award last night! I'm a happy camper.