Enterprise Products Partners L.P. Message Board
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Huge sell off this coming week
The big institutions will be taking there profits this coming week .....ahead of the fiscal cliff.
Don't end up with a lump of coal in your stocking this Christmas......take your profits and run !!!-
How? The big institutions have been selling blocks of stock including lots of MLPs for three weeks now. Who is going to sell? Half of NY is in Florida for the next week. VERY hard to sell big blocks into a volume that historically drops by 2/3. Happy if they do as there should be some great buys in that case.
Merry Christmas - ARB- 1 Reply to arbtrdr
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half of ny in florida, no kidding and I can't wait till summer when they're gone., happy new year!!
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Good time to buy.
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Jack..s76: sounds like you're full of what makes grass grow green! If folks start jumping off the cliff prematurely and the budget mess isn't resolved until next year, I'm going to pick up a bunch of cheap equities, not sure which ones but there may be a good opportunity. No need to spread lumps of coal or attempt to stir panic. What happens, happens! Be ready for it if it does! And, don't trust the politicians to ever get anything right!
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I`m surprised any of us survived that HUGE SELL OFF. Hope everyone is OK.
Sentiment: Buy
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