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Tuesday, December 27, 2005

Good Afternoon.
Sorry for the late going but had torun around this morning. Everything energy is collapsing so MLPS are following suit even though the 10 year is supportive and breaking under 4.40%. Teppco is down 1 and change and really breaking down badly....if this area goes...I think its a distribution cut being telegraphed and we're headed for 26-28. Atlas is down 1 and change. Big fractional losses across the board. Markwest is actually up a few pennies; Energy Transfer and Buckeye also seem to be holding up well.

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