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