Todays trade

[rdking647]

looks like today may be a heavy trading day.
Im a big fan of MLP's (master limited partnerships) they pay very high dividends that are tax protected in some cases. however they have risen sharply in the past month and my exposure to them has gotten to high. So i am reallocating some money.
I sold 1/3 of my stake in KMR. I have an order in to sell all of my PAA. I may sell some EPD. I had planned to sell all of my UAN but it pulled back this morning so Ill hold it unless it recovers today

I havent decided what to do with any proceeds

[rdking647]

1. sold all my PAA

[rdking647]

2. bought some BAC preferred

bought BAC-PL. the yield is over 9%. I dont think the bank is actually in any going out of business type of trouble,they have ample liquidity. Ill take 9% a year while I wait for perceptions on the bank to change

[rdking647]

3. ended up sell in UAN

25% in 6 weeks is good enough.
having bought anything further yet. im still lookign at options

[rdking647]

4. just bought F (Ford)

it was a toss up between F and GM. GM is up 5% today so I went with Ford