Leaving the Crosstex's aside which are both down...there is a lot of strength in the group today. Magellan Midstream is up a dollar...followthrough from yesterday. Lots of nice fractional gains in Valero LP, Atlas Pipeline LP,Enbridge Energy Partners, Teppco, Markwest Energy Partners and Holly Partners.

Kinder Morgan Partners gets an upgrade from Citigroup and the stock is up 75 cents. Poor Billy Joe on the MMP and KMP board since he is short both and has a 5 dollar price target on MMP and a 34 target on KMP based on a point and figure chart.

Martin Midstream is down 30 cents but it is just consolidating gains from the last few days. New Issue Regency Partners (RGNC) gets a buy from AG Edwards but the stock is down a few pennies.

Wondering if the group is sniffing out an end to rate hikes?