Wednesday, May 10, 2006
Fed meeting days are never the most exciting trading days and this one has been a sleeper so far. However it is very encouraging to see MLP'S one by one attack their 52 week high. Northern Borders Partners is at a six month high today and it doesn't take too much from here to boost it to a new 52 week high as shown on the weekly chart. The stock is up 1 again today and back above 50 bucks. Boardwalk Partners (BWP) is a nice fractional winner today.
Teppco is the biggest loser today down 55 cents...no specific news...Copano down 39 cents after earnings. Everything else is trading within the normal noise levels.
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