adbrite ads

Your Ad Here
Your Ad Here

tickers

$IN

amazon

Monday, December 17, 2007

NEW WEEK...SAME OLE SAME OLE?



I guess that is the case until proven otherwise. 10 trading days left in the year. I've given up trying to pick a bottom. 290 is the logical place on the chart



Trading is getting very thin out there so it won't take much to move prices in either direction. In 2005 where we had a selloff from July through December followed by a nice January rally MLPS bottomed around Dec 26th. I hope Citigroup is right since they are making the comparison that we could be seeing a repeat performance.

Two upgrades this morning with TEEKAY (TGP) getting an upgrade from FBR and Genesis (GEL) gets an upgrade from Wachovia. No other news this morning.



No comments: