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Thursday, September 01, 2005


Closed...XOI rose an astounding 37 points! The chart is going parabolic here. Word of some refineries coming back on line. Valero says its St Charles Parish refinery is back on line. Gasoline is over 3 bucks everywhere and over 5 in parts of Georgia! Amazing!

MLPS were mostly higher...Martin Midstream up 2 and change while most closed with nice fractional plusses. Teppco continues to annoy me; opening higher in the morning and then selling off although today it actually rose into the close. Chart looks like a head and shoulders bottom so perhaps TPP can join the party.

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