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Friday, December 21, 2007

Sorry guys. Maybe its the bear in me but i'm just not impressed. We continue to be met by sellers in here. There is plenty of time for that double pump and of course its where we are at the end of the day and not at 10:30 in the morning. But frankly they will have to prove it to me.

4 comments:

Anonymous said...

Looks like we are running out of steam in MLPLand...S&P +1.3% and MLP's going nowhere...this sucks...

Anonymous said...

Come on guys lets have a little good cheer. I just turned on my computer and went to my account and seen a line of figures in green. That the first time I have seen that many figure in green,for the day,in what seems like a eternity. Now I need to see figures in green in the far right, where my gain or loss figure are for the stocks. I'm telling you guys 6 months from now we are going to be telling are selfs how smart we were.

Anonymous said...

if it is any comfort, I have seen many sell-offs over the years and the best time to buy is when sentiment is at its worst and right now things seem pretty bad.

Anonymous said...

For what its worth-I'm a buyer today. My rationale is as follows: 1. The sector has been in the toilet almost 6 months.
2. Sector fundamentals are solid.
3. We has seasonal factors which are exaggerating the price weakness.
4. Sentiment is horrible, even among diehards like us.
Sounds like a recipe for a bottom. Who knows maybe Santa can deliver an MLP rally before the year is up!

Merry Christmas to everyone. Let's hope 2008 rewards our trading efforts.

DS