An all over the place morning with fed speak, exxon earnings, intel "anal"ist meeting moving the tape all over the place. There are also some price change distortions relative to ex-distributions. For example Crosstex (XTXI) is quoted -1.61 when it is really only down 1.01 due to ex-dis...while XTEX is actually 57 cents higher with the ex dis.

The group is mostly lower but nothing tragic on the tape. Copano is down 1 and change but it did this the last 3 days only to rally back. Markwest on its non-dilutive stock sale...i went back and read the S-1 filing and it says clearly on the opening page that the company will recieve no proceeds from the sale. A press release clarifying this might be nice.