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Tuesday, November 15, 2005

Most MLPS opened lower...the downtrend continues. First in the news driven moves. Crosstex LP (XTEX) is down 47 cents and holding 34 so far. I'll wait another hour before determining whether the stock sale is priced in or not. Also Pacific Energy Partners is up a fraction on good earnings. Otherwise its fractional losses pretty much across the board. 1 point minuses in Markwest and Hiland but again most if not all of these moves comes on uninspired volume

2 comments:

PRINTEAM BLOG said...

Joe,
Question of the hour:what are your plans for your XTEX stash?

PRINTEAM BLOG said...

Sounds like the ONLY thing to do!