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Monday, August 24, 2009

MLPS MOVING WITH THE MARKET!



Sorry for the late first post but i have 2 full days ahead and already had a morning having to help my daughter move furniture. Very quickly before i head out for a 15 hour work day. Natural Resource Partners (NRP) was downgraded to sell by Citigroup and the stock is down 1. No other news of importance to speak of as the index is up a little less than a point right now with the dow up 62. Crude is up and of course nat gas is...well...nat gas! I blogged about the nat gas ung nonsense in the prior post. I believe nat gas is under pressure because of the possibility of seeing 3 billion plus worth of futures contracts hitting the floor if UNG is forced to liquidate thanks to the CFTC. We'll see but in the meantime the premium is expanding.

Off to teach and then to my night job...i will try and post when i can.

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