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.
Tuesday, May 06, 2008
Will it ever stop going up? Its getting to the point of being silly in here. But then again the market can remain silly far longer than i can remain solvent! I am just surprised that the overall market continues to handle this so well.
joe this is dreiser139 i know u r short oil but to those of us who are long what a wonderful ride. reminds me of the techs circa 99-2000. however this may be even stronger ride because of supply demand equation. however i agree that there will be a fall in prices but when and how far anyones guess. right now only storage pipeline mlp i like is mwe.prefer the e&p got to love atn and dmlp and the canroy bte long all the above good investing
Just to be clear..when i say i'm short oil...i'm doing it right now for a short term trade only.
The mlp tape certainly has a more bullish feel to it lately. But the oil trade is just really getting out of hand at this point. Something is going to trigger a big hard sell off. But you are right..when is the big question.
joe
ReplyDeletethis is dreiser139
i know u r short oil but to those of us who are long what a wonderful ride.
reminds me of the techs circa 99-2000.
however this may be even stronger ride because of supply demand equation.
however i agree that there will be a fall in prices but when and how far anyones guess.
right now only storage pipeline mlp i like is mwe.prefer the
e&p got to love atn and dmlp and the canroy bte long all the above
good investing
hey dreiser.
ReplyDeleteJust to be clear..when i say i'm short oil...i'm doing it right now for a short term trade only.
The mlp tape certainly has a more bullish feel to it lately. But the oil trade is just really getting out of hand at this point. Something is going to trigger a big hard sell off. But you are right..when is the big question.