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.
Thursday, October 15, 2009
Energy stocks are running while the market hovers around that 10k level. If i had to bet, i would think strength will come in after 2pm. The mlp index is higher up .25 being dragged a bit by Kinder Morgan (KMP) which is off its low of the day. Nat gas is higher after a lower open along with crude. Sunoco Logistics (SXL) is up 1 and E V Partners (EVEP) is up 75 cents as the 2 biggest winners. Holly Partners (HEP) is down 80 cents as the biggest loser but no volume here so it may be just a lack of buyers. I took a position for a trade at 38.89 average price today.
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