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Monday, September 25, 2006

Approaching lunchtime and MLPS are still married to other energy stocks and getting sold off. The AMZ MLP index is down another 1.60. Lots of fractional losers with Natural Resource Partners (NRP), Penn Virginia(PVR), and Copano (CPNO) among the largest losers although all are off their lows. Meanwhile Crude Oil is desperatley trying to hold 60 bucks while nat gas is down another 14 cents.

The XOI is in a place where it should bottom. Ten year rates continue to fall to 4.55%

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