BUY KMI @ $13.84

Buying KMI @ $13.84

2% position

Phew, what a whirlwind of a week - and today!

Did you see the earning from Chevron and Exxon? Not the best quarter ever over there. However, it's hard not to think the downward moves there today aren't decent buying opportunities. 

Oil can't really go to zero. It's a pretty good value here around $40/barrel. 

My favorite way to play oil prices is by buying the pipelines. You get some oil upside with contract-based downside. A hedged way to play the game. 

Kinder Morgan pays a hefty dividend to boot. What's not to like?

And, as I try to do, buying it back below where I sold it - and below where I bought it last time!