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.
Thursday, August 30, 2007
I'm not sure what to make of the trading today. The MLP index has been slowly dropping and was down 1 and change near the low of the day while the overall market has turned slightly higher. Part of it might be a rotation in the group. MLPS that were up yesterday are flat to lower today while the laggards yesterday are flat to higher. There appears to be little volume in issues today. Duke Midstream (DPM) is the biggest loser today down 1.70 on no volume and no news. I took a trading position in here today. Terra Nitrogen (TNH) is up nearly 6 points at 98 and change...making eyes toward 100.
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