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Monday, May 08, 2006

Last hour and Crosstex (XTXI) is on the verge of a breakout and a new 52 week high in here. 83.50 is the target and we've gone above 83 briefly....+5 on the day. Energy Transfer is up over 1 and and Energy Transfer Equity is now up nearly 1 point. The XOI has been rallying this afternoon after dropping 20 its now down only 7. The correction in crude has not really impacted the major oil stocks to any great degree...which tells me the crude rally ain't over yet.

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