Good Tuesday morning!
First off I have added the Master Limited Partnerships Index (^amz) on the tickers for your investing pleasure!. It was down with everything else yesterday but by far less than the overall market. Meanwhile a small bounce at the open is likely and i think we could see more follow through selling once we work through the initial bounce. I predict that if we break below 11000 K there could be some wholesale dumping even in our group....in which case have shopping carts ready for cheap shares. Some the ones that have been showing good relative strength include Energy Transfer Partners and the GP...Energy Transfer Equity. Crosstex LP was up 1 yesterday...Crosstex GP has been rallying all through this decline and I would love to see a pullback to the lower 80s to pounce on shares. But one must be nimble here. Oneok LP looks like it wants to breakout out above 50.
Meanwhile no news and no upgrades or downgrades this morning at least so far.
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