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S&P 500: 1,317.45 Change: +0.03%
Erycus
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Commentary
SELL: SUNOCO LOG PTNRS LP (SXL) Rating: 1
Start Price: $35.26
Points: +10.92
Created: 11/20/2011
While I believe this is a good company with excellent management, the stock price is simply too high. It is grossly overbought, and technical indicators are showing a temporary peak in the price.

http://stockcharts.com/h-sc/ui?s=SXL&p=D&b=5&g=0&id=p62755031231

It also will more than likely not escape the downward momentum that will be created by the three major indices in the coming weeks/months.

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