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, August 05, 2008
Some of the bigger energy stocks are actually rallying right now. But that means nothing here. 260 as of this post on the MLP index down 2 and change and no sign of buyers.
and by the way. the 262 level has been a bounce point along the way in the last year. You could have traded in and out and made money using that point. That's why it was "magical"
Glad it broke, now we don't have to hear about the magical 262 level you have been talking about since December.
ReplyDeleteAPL trading at a 13% yield versus next years $4.25-$4.50 distribution which they already said would be paid...
ReplyDeleteWhat the f*ck is going on? Is it really that bad out there???
then dance in the streets and rejoice if it makes you happy.
ReplyDeleteand by the way. the 262 level has been a bounce point along the way in the last year. You could have traded in and out and made money using that point. That's why it was "magical"
ReplyDelete