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pete807

08/06/20 5:46 PM

#490 RE: OldAIMGuy #489

Missed the bottom no one saw coming in March but added in April and took profit in July...

My current Buy/Sells are set... 17.01 will add and 18.70 will sell 20% each way... Pulled back to 60% short term trading/40% long term hold EPs position. Over double my core with a good cash position. I have 30% cash to swing trade the position between payouts as it can generate more profit even after the tax is paid than just passively holding.

Hoarding cash this month I expect a return to higher value 4th quarter. Currently Wall St is going silent trying to avoid the media anti-fossil fuel sentiment... Which will change as we roar back in the Fall and temps demand energy generation and consumption. Media has lost most credibility... They are no longer trusted. Election year hypocrisy

Natural gas is the energy of choice long into the rush toward a mythical green new technology that has not been invented and wont displace 300 million combustion engines in a foreseeable future. Good NG investments are making sense here.

As I always say EPD is boringly safe, but I would like it if reality came to the value side we energy guys see to a well run boring partnership.

GLTus!

-pete