I think its time to come to the rescue as there is some confusion on the Atlas Pipeline Partners yahoo message board. The IPO of the GP Of APL is coming soon...3 million units. This somehow got translated into APL issuing 3 million units in an IPO....WRONG! This post clearly corrects the mis-conception.

Meanwhile most MLPS closed in the green today which was nice...including a few of the harder hit ones like Valero and a few others. I think we are at a critical juncture here with oil at 70 dollars...the 10 year at 5 % and the DOW trying desperately to hold on above the 11k level. What interests me is what happens to oil if it goes above 70 dollars and will bond yields begin to fall as a result. I put this foward because if we resume the relationship of rising oil/falling rates which we had for a time last year...it could be the market saying that 70 dollar or more oil is going to have a real impact in slowing the economy down. Housing numbers today were not got and that brought the 10 year yield back to 4.99%. So if pressure comes of rates...this should be a positive for MLPS. And yields on some of the these are at their highest levels in quite awhile. I will post some charts when i can that might illistrate this theory later tonight or tomorrow morning.

Just some food for thought.