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Friday, August 12, 2005

Afternoon sell off in the overall market has moved off its lows of the day and the XOI still hangs on to a gain.

Some of the stronger MLPS include Sunoco Logisitics which surprisingly is now above its recent offerning price and did not correct much at all this week like others in the group.

A few other gainers include NGRY and NGRP...Teppco which can't get out of its own way lately is up a quarter. Valero LP is at chart support and testing a prior low in the 57-57.50 area. MMLP is up 20 cents on appointment only trading.

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