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Tuesday, October 21, 2008

Sellers just came in around 3:20pm and sent the down quickly back to the lows of the day and MLPS moved with them. The index went from being up 2 to being down 2 in a hurry. Not sure what caused the sell off but you got to love volitility!

2 comments:

Anonymous said...

Does anyone want to recommend an inverse ETF that correlates with the MLP index? I want to be prepared to hedge myself a little bit if we fall off another cliff.

steve

Anonymous said...

there are none. hedge mlps with other mlps. several hedge funds found out the hard way.