Friday morning in MLP land and we are seeing a flat start to trading. Some of yesteday's losers are bouncing at the open, others showing small losses with the index down 25 cents. No news this morning but A.G. Edwards starts coverage on Valero Holdings with a buy and a 25 dollar target.

Crosstex (XTXI) at 88 this morning...still waiting for that one sell spike down.