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Energy Transfer Partners, L.P. Message Board

  • borisbadenoffthe3rd borisbadenoffthe3rd Oct 4, 2012 12:54 PM Flag

    $40 is within sight now

    Sellers and Short sellers may even drive the near term down to test the 2011 low of $38.08. I see that floor as a good probable Long position, but recent increased downward pressure on higher volume tells me that until the downward trend is broken, I should wait for that floor and keep my wallet in my pocket. Nice yield, but no clear entry at current levels above $41. JMO.

 
ETP
63.95+0.35(+0.55%)Dec 24 1:04 PMEST

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