Enterprise Products Partners LP (EPD)

[jugs]

There's a whole lot of pussyfooting going on with our picks today...nonsensical nudging this way or that, not amounting to anything.

The key to remember here is that news has been good to great on some of our most important plays yet several are trading at less than yesterday's closes. What does it all mean?

I'm thinking it's nothing more than short term holders closing out positions taken earlier in the week and they want to lock in their gains which had to have been very strong. We know this by virtue of the fact that we've all registered fine gains. I was ahead 42K at opening today! That's incredibly strong for me but being as it's Friday, I know anything can happen. If I'm reduced to a weekly gain of $5,000, I'll be delighted.

So, then---today's miniscule gains or losses mean nothing much. They are a gift if small losses and a sweeter gift if gains.

Be happy---when we don't reach for happiness we'll find nothing of value in the bag of life.