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Thursday, November 06, 2008

Approaching another 500 point loss on the dow and a 12 point loss on the MLP index. UGH!

Global (GLP) is down 3 points to 10 on earnings that clearly did not make people happy. Also down 3, Penn Virginia Holdings (PVG). 2 point losses in Alliance Resource (ARLP) Energy Transfer (ETP) Buckeye (BPL) Copano (CPNO), Plains All American (PAA) and Enbridge (EEP).

Holly Partners (HEP) is up a fraction and so is Amerigas (APU). No reason why.

1 comment:

Anonymous said...

Real carnage going on. CPNO came out with good stats and still down 10%. No reason except for emotional selling. MLP's best place to be in this type of mkt. Lots of the industrials are taking a shellacking. Some REITS that I'm in are holding up, AGNC, NLY.

Reading tee leaves