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Enterprise Products Partners L.P. Message Board

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  • debgideon debgideon Nov 15, 2012 10:17 AM Flag

    EPD to soar on Obama tax plan

    I agree with your synopsis but I don't trust Obama because he continues to break hard left. I always thought Americans were an intelligent group but after reelecting Mr. Redistributionist...I have changed my mind. I am long EPD and have been for over 5 years and may now sell some bonds and buy more EPD on a dip below $48 per your analysis above. Well done polygeo200!

    Sentiment: Buy

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    • Americans are indeed intelligent but alas u r not. Under Obama the S&P and 401ks have soared.
      The S&P 500 was around 800 when GWB left and it was 1400 on re-election day. Yes Obama is wrong to raise tax rates on the "2 percent" and I happen to be amongst them but HE IS NO WARMONGER like the Repubs have unfortunately become. If Romney had won we would have at least 2 new Mideast wars on the credit card and revisited 800 on the S&P.
      So be very thankful. Returning to Clinton era plus tax rates is bad but not anywhere near as bad as unending wars on the credit card.

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