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Greg Pinelli's
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Precisely! These oil and gas prices are anomalies...LINE and many other safe have oil/gas equities (LGCY..Arc Energy..ERF..PWE) are simply unstoppable cash machines.....
Jan 02 22:42 pm
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All Comments by Greg Pinelli »MLPs Entering 2009: High Yields Carry High Levels of Risk [View article]
Have they all been beaten down? Of course..but if you only look in the rear view mirror..like some posters..you'll NEVER make future profits.
For those who have problems in committing to individual stocks (and I can fully appreciate that)..look to some of the very well positioned Closed End Funds...GCS and PWE for instance..These can be found on etfconnect.com..Best wishes and a Happy New Year to all!
On Jan 01 09:37 AM mc2406 wrote:
> Low energy prices are temporary. Any alternative energy effects
> are a long way off. When oil stabilizes in the $50-$90 range the
> solid MLPs will once again go up in price. I'll enjoy the dividends
> in the meantime.