tag:blogger.com,1999:blog-14273196.post5338716604407795081..comments2023-10-18T09:22:15.168-04:00Comments on MASTER LIMITED PARTNERSHIPS: joewxmanhttp://www.blogger.com/profile/05678926303802629952noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-14273196.post-19103974780002645892008-11-10T14:46:00.000-05:002008-11-10T14:46:00.000-05:00It's the credit crisis imho: GS under $70.00 a sh...It's the credit crisis imho: <BR/><BR/>GS under $70.00 a shares new annual low, AIG's expanded 150 Billion bailout, FNM's 29 Billion loss, DB Cuts GM to sell price target 0, Reits hammered today, Obama honeymoon over. <BR/><BR/>MLPs have issues as to the cost and availability of credit as well as a structure that limits flexablity ( maybe distros need to be cut to conserve capital ) , but LPs have distro rights written in "stone".<BR/><BR/>HSAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-14273196.post-31247169502020067512008-11-10T14:00:00.000-05:002008-11-10T14:00:00.000-05:00Look at the volume charts for most MLPs. There has...Look at the volume charts for most MLPs. There has been an explosion in volume over the last 30-45 days. I think that indicates "forced trading" of some kind...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14273196.post-35914625759762030032008-11-10T13:33:00.000-05:002008-11-10T13:33:00.000-05:00We can't assumed that everything is forced selling...We can't assumed that everything is forced selling when fundmentals have deteriorated. I think they are pricing in some pretty lousy scenarios down here, but I don't think it's purely deleveraging.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14273196.post-50158519213384612202008-11-10T13:30:00.000-05:002008-11-10T13:30:00.000-05:00Its only a matter of time before we plunge again. ...Its only a matter of time before we plunge again. There is too much leverage in the system which still needs to come off. It is obvious by the schizophrenic trading action. When prices move by 10-20% intraday day in and day out, its not fundamentals, its techinicals.<BR/><BR/>Are there cheap stocks? Yes, but why buy today?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-14273196.post-21906303577523225942008-11-10T12:37:00.000-05:002008-11-10T12:37:00.000-05:00Looks like another "forced seller" in th...Looks like another "forced seller" in the market today dumping E&P and G&P names...<BR/><BR/>It never ends...Anonymousnoreply@blogger.com