If you're right, then I'll ask that you pick me up and throw me over the nearest cliff. Let's see if I can bounce enough to reclaim some of my lost blood.
This blood-letting has been terrible. Fortunately for me, it's not money critical to my living or lifestyle. Still, my market activity is important to me as it helps to anchor me and provide structure to my Mon-Fri. life. And I actually do make money sometimes. Hard to believe right now and on a mark-to-market basis I may have stopped breathing a couple of months ago. No food. lol
I'm ready for the bounce. But I don't think we're there yet. A blip or two here and there will probably emerge but to be expected in some high yield plays as we approach quarter-denominated distribution guidance. Across the general market? I don't know but I'm prepared to blow a bit more dry powder.
Topping my very short hit-list is SDLP---a high yielder relative of MDR as they're in the same space while not competing. This is not Sea Drill as we all know. It's a derivative play that has partners sharing the risks and mitigating tax exposure. Similar to refinery-based MLPs such as NTI, CVRR and ALDW. Paying 25 cents/verrrrry cheap unit---$2.48. I'm waiting for units to drop back to $2.15 before adding to my position. There's an SDLP board at IHUB.
News 
Market Data 
Discover 
