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MLPS - 'Buy Sell Or Fold' - A Market History And MLP Retrospective
UBS AG 1xMonthly Short Exchange Traded Access Securities (E-TRACS) Linked to the Alerian MLP Infrastructure Total Return Index due October 1 2040
A Glance in the rear-view mirror
In March of 2013, I penned my 14th edition of kortsessions.com, "Buy, sell or Fold?" We had just broken definitely above the previous record high (March 2000, S&P 500, 1550). The actual record high did occur in October 2007 (1576) but it was a very short-lived move before the collapse to new bear market lows in 2008. For my purpose, I define the secular bear market as the period between March 2000 and March 2013. Subsequently, we emerged into a new secular bull market that is close to reaching