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.
Monday, August 18, 2008
Considering the dow is now down 215, ..big oil and gas down over 1%...mlps as measured by the index is doing quite well up .25%. Okay so it isn't exactly gang busters but its a lot better than some of the action of these past many weeks.
nasty gas selling off hard again this afternoon. this is just a momentum trade gone bad for alot of traders.
ReplyDeleteenergy stocks are due for some sort of dead cat bounce rally along with crude and nat gas. I'm looking for mlps to outperform when that happens
ReplyDeleteim looking to go long UNG...
ReplyDelete