Nice week in the markets, and a touch nicer week in energy land at least on the equity side. As we are getting close to the end of 3Q12 we updated the ZLT portfolio performance through Friday as we have mounted a modest recovery from the Spring lows in the ZLT A and B which are now essentially flat on the year. Both portfolios held onto roughly 90% of their core positions through the market dip and we added multiple additional trading positions throughout the summer swoon in many of them including names like TPLM where the little Bakken player continues to echo the moves of more household name Bakken player actions from 2 years ago. The ZLT C, our least traded but relatively balanced portfolio with a long term stance, is up nicely on the year. All trades for that portfolio since inception can be viewed on the ZEB positions tab at right. An update on last week's actions and important events will as usual be posted in The Week That Was section of the Monday post. Have a great football loaded weekend.
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