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Friday, August 18, 2006

Firm trading late in the day here with the MLP index up 1.22 and most MLPS higher. Valero LP sold off from its open at 50.98 and traded down to 50.20 but its now back to 50.70 so a good move there. Also higher are Alliance Resource Partners (ARLP) Calumet Products Partners (CLMT) and well as Teppco (TPP) which had some news from the FTC which is not liking what its doing with Enterprise Products Partners (EPD) so its selling off some assets to make them happy.

Holly Partners which was up earlier is down 60 cents and Crosstex Energy LP (XTEX) is down 30 cents as is Regency Partners(RGNC) although Regency has been all over the place today.

Weekend is almost here and its North Carolina for 2 weeks of beaches and rest! I will be posting from there as i check in from time to time.

2 comments:

PRINTEAM BLOG said...

Have a great time, Joe!
Carlos

joewxman said...

Thanks...btw could be another buying opportunity coming in XTXI. News after the close about another 2.5 million shares coming to market from time to time from insider sellers...Cheiftan...Lehman Bros..and a few others.