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Friday, March 17, 2006





Blogger has been down all day so i have not been able to make any additional posts until now. Martin Midstream is the star of the day again...and there were three insider buys done at the market which are always a big positive in my book. Details here for Ruben Martin..here for Robert Bonderant and last but not least here for Massey Scott. Remember insider purchases at the market with their own money is an example of someone puttting his or her money where his or her mouth is!

Holly Energy Partners (HEP) was today's biggest loser on the Lehman downgrade to market perform but when you look at the charts...they really are just stating the obvious. And while it looks like Holly might have broken below the recent range be advised that this stock has a habit of breaking down out of a base and then rallying above it soon after. No guarantees that it will be the same this time around...just pointing it out.

Monday is the Crosstex call..we'll be in on it. Also will post anything important over the weekend.

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