Replies to post #1313 on Energy Transfer LP (ET)

[BIGJJB]

And there it goes ! This is driving me nuts dollar down oil up in am ET up , dollar weakness oil down in afternoon ET down algorithms ! I hate them

[Prudent Capitalist]

ET Chart will get even better going forward. As Jim Cramer emphasized this am "Get into pipelines"! With the current Administration trying to squelch new pipelines the existing ones will thrive even more. I will not sell any ET shares down here and will continue to hold my substantial positions and automatically reinvest all dividends at no charge to me, all in tax deferred retirement accounts.

And, let's not forget that Morningstar still has an $18 Fair Value on ET.

P.S. I also have substantial holdings of KMI in deferred retirement accounts on free auto. dividend reinvestment.

[Prudent Capitalist]

I will just go out on a limb and call it that ET has solidly and strongly broken through $11. Now if we could just build a strong base here in the $11.25 - $13 range, ET can then work its way back up into a more normal trading range of $14 - $18, and eventually back above $20