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jugs

02/03/16 11:34 AM

#118 RE: RBKissMyAs #117

Folks are caught between two premises, neither of which are necessarily valid in terms of logic. And both will not equal reality.

1. Some are expecting to find a number of major oil producing nations pulling together for some serious production cutbacks in an effort to rebalance the numbers. It's sad as they're looking only at the scab and not the nature of the infection underneath.

2. Between "now" and "then"---whatever those two nebulous things may be in any person's world---the energy situation affecting our stock market will not go away so quickly, efficiently or easily. There will be more hardship borne by stock marketeers before this decimation is done with and I think the smart way to manage one's affairs is to discontinue the practice of buy & hold---and, instead, divorce some especially vulnerable picks, i.e. MLPs.

In a perfect world, SDLP belongs in portfolios. But the world is far from perfect as we know, and patterns should be scrutinized very carefully before finding acceptance.

I must add that I really like SDLP and will buy back in on any sizable dip. And I'll buy back in with bigger numbers in mind as I'll most likely be holding until energy reverses its present sentiment. Meanwhile, I'm watching and learning how this stock moves within the larger market context.