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Thursday, August 11, 2005







You take a 2 hour nap and wake up...and its about where they were when you went to sleep. But there is a nice rally going on in the 10 year (yields down)...should be supportive.

XOI did crack 1000 today but not holding it this afternoon.

There are some 1 point plus losers this afternoon. ETP, APU,HEP among them with most MLPS down major fractions (VLI,XTEX).

Atlas Pipeline is up slightly..Sunoco Logistics has been behaving rather well through this correction.

No midday headlines to speak of.

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