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.
Friday, January 02, 2009
Crude was down over 3 dollars earlier and has now pulled even. Natural gas is higher.
Another weird day with giant gains based on...nothing. Not that I am complaining, mind you.
The GPs that I follow finally seem to be gaining some traction--except for ETE which isn't doing much.
My gut tells me that it may be wise to use this rally to lighten up--especially where I have some short-term profits from recent purchases. My gut, however, has been notoriously wrong over the last 18 months, or so.
Another weird day with giant gains based on...nothing. Not that I am complaining, mind you.
ReplyDeleteThe GPs that I follow finally seem to be gaining some traction--except for ETE which isn't doing much.
My gut tells me that it may be wise to use this rally to lighten up--especially where I have some short-term profits from recent purchases. My gut, however, has been notoriously wrong over the last 18 months, or so.
Bruce