adbrite ads

Your Ad Here
Your Ad Here

tickers

$IN

amazon

Friday, September 19, 2008

Still having time stamp issues. I'm not sure what's going on.

UP 19 points on the mlp index!


This added...


its 2:41 and we continue to extend gains up almost 20 points. A one day gain with a 20 handle.

10 comments:

Anonymous said...

Joe,

Don't be surprised if Paulson and Bernanke intervene to solve your time stamp issue.

My car battery died this morning and I am calling the Treasury and the Fed to ask for a jump.

Bruce

Anonymous said...

Joe-slap a few charts up!!!

Anonymous said...

BGH was actually yielding the same as BPL at one time today. Illiquid GP's, mmmm.

Anonymous said...

The sad thing is the AMZ was 271 two weeks ago....we still are way underwater...

joewxman said...

having blogger troupble so i can't slap up some charts.

I've been following markets for 30 years...this week was by far the most straining week i have ever experienced.

joewxman said...

congratulate me. If we close here i will have the mlp/gp with the smallest gain of the day...Inergy Holdings!

glory

Anonymous said...

I really do not believe the "fun" is over yet. Once people start evaluating the cost of the bailouts--and the ramifications on our economy over the next several years--the current euphoria will vanish.

I do think that the intervention was the right thing to do. My only point is that there is no free lunch. There WILL be consequences.

Bruce

Anonymous said...

This is just complete insanity.

I could use a few more days like this. I am eager to see what Monday brings...

Good weekend to everyone, we'll blog next week.

Anonymous said...

I guess I'm confused. Is this euphoria as Bruce suggests or simply short covering? If there is a limited supply of units available in the open market, the traders frantically trying to cover will have to bid up the price. My question is: have we really awakened a bunch of eager new buyers or are we just watching what happens when everything that happened earlier in the week runs in reverse?

Anonymous said...

"I guess I'm confused. Is this euphoria as Bruce suggests or simply short covering? "


Some of each would be my guess. In any event, it ain't gonna be straight up from here IMO.

Bruce