10 year rates plunging and oil is rising slightly so MLPS are moving higher...decoupling from the overall market which is down 75 points on the dow. The AMZ MLP index is up 1.22 and off its high of the day. Natural Resource Partners (NRP) is up 1.50 as it finally rallies after days of declines from 10 points higher. Also higher Teppco (TPP) which is up a solid fraction and Energy Transfer Partners (ETP) which gave a big boost to its distribution. Crosstex Energy LP (XTEX) is up fractionally but had a run to 37.78 this morning before pulling back. Thankfully i had an order up at 37 and was able to sell and buy back here at 36.
Oneok LP(OKS) appears to be rallying back from its sharp down open. TCLP which is also the symbol owns a big chunk of Oneok LP sold off this morning but hasn't quite come back yet. So i bought some this morning hoping that i get a bounce. We shall see.
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