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Thursday, September 22, 2005

Heading into the close. Selloff in oil stocks on the idea that its a category 4 instead of a category 5. Go figure. But it might be indicating that the market may be pricing in the worst case scenario and anything less will be sold.

On the other had except for Atlas Pipeline every MLP i follow is down. One point or more drops in Crosstex (xtxi) Holly partners, Markwest, Tortoise Energy Infrastructure, Copano, and Martin Midstream...fractional losses elsewhere.

Plains All American heading lower...looks like 42.25 or 42 for the stock offering?

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