MASTER LIMITED PARTNERSHIPS

Thursday, July 17, 2008

The mlp index is getting pulled down with the rest of energy which is getting absolutely hammered.

XOI down 2.5%
XNG down 5.7%
DJUSEN oil and gas down 3.5%
Double Short Oil & Gas up 7%
MLP index down 0.6%

We are now below the March intra-day low!

6 comments:

Anonymous said...: This massive two day rally has completely managed to pass us by.

Anybody get anything from SGLP?; 7/17/2008 3:22 PM
Anonymous said...: I think the bulk of the rally the last two days is short covering. So if you don't own heavily shorted shares, you aren't participating in the rally...; 7/17/2008 3:28 PM
Anonymous said...: TLP now yielding 9 3/4 pct.; 7/17/2008 3:32 PM
Anonymous said...: Moody's downgraded SemGroup LP, not SemGroup Energy Partners LP. I think there are alot of guys selling SGLP without realizing its a different company. Moody's has a press release out.; 7/17/2008 3:36 PM
Anonymous said...: FYI-Rumors hit PAA that they had similar oil trading issues that hit SGLP. PAA recovered most of their losses, but that stocks was down over 3 intraday.; 7/17/2008 4:39 PM
Anonymous said...: can someone post the Merrill sglp report to yahoo; 7/17/2008 4:57 PM