aDECEMBER 18, 2008 (Dow 8605, down 219) - Bush's indecision regarding the auto bailout snd the potential ratings downgrade of GE's debt hurt the market today. Sharp moves down in oil contributed to fears of a deepening global recession. The chemicals are the biggest beneficiaries of lower oil prices. The newspaper stocks are toxic.
like the high yielding Master Limited Partnership (MLP) in this market environment - pipeline co is not dependent on oil prices (only volume) - has stability
26.98
0.00%
11/21/08
next day close
27.18
+0.74%
12/02/08
a favorite energy MLP for this market - has a safe 11.8% dividend yield - gets paid on the volume of product moved, not the price - could double your money in 6 years even if the stock does nothing just by reinvesting the dividends - has been beating the numbers - new projects could enhance future payouts - there has been significant insider buying
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