Good morning and sorry for the late posting this morning as i had another double shift plus a headcold.

First things first is Teppco which opened strongly +1 and change to 36 and is still holding a 1 point gain. Probably a combination of the tax loss selling pressure coming off and the ceo resignation/takerover prospects. Also Valero is +1 and Enbridge LP +1 and change. Strong fractional plusses throughout the group with just the occasional minus sign for Crosstex and Copano. No corporate news this morning of consequence but the whole energy complex is up today and that is certanly helping here.

There are a few issues concerning Teppco and others that i will blog about later once i catch up on my sleep and have a clearer head.