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Friday, November 04, 2005




Some MLPS have firmed up this afternoon after selling down this morning. Atlas Pipeline Partners has come back to the flat line...while Buckeye is higher and so are a few others.

Breaking news...an insider purchase of 4000 shares on the open market for Teppco!!!!

I've put up the above charts to illistrate that we may be in a period where General Partners are out performing the limited partnerships. This is especially true of Crosstex where the GP XTXI has sharply outperformed the LP XTEX. This outperformance seems to have become exaggerated since 10 years began to climb toward 4.75. While these outperformances can continue i wouuld suspect that GPS moving sharply higher should carry the LPS along for the ride at some point.

Last hour!

1 comment:

PRINTEAM BLOG said...

Joe,
The TPP purchase is, in my view, excellent news. Shows some degree of confidence in the company and things to come.