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Friday, September 08, 2006

Its mostly down for MLPS so far today. Calumet Products Partners (CLMT) is today's biggest winner up a mjor fraction while National Resource(NRP) and Penn Virginia (PVR) are the biggest losers down major fractions. Everyone else is somewhere in between. Howard Weil starts Copano (CPNO) at a buy and the stock is up a small fraction. Its been in a tight one point range for weeks now. Breakout i think to the upside coming soon imho. Crosstex (XTXI) is under 87 bucks..getting extremely close to my buy area...hopefully a spike down to 85 will occur so i can pick up some shares.

2 comments:

PRINTEAM BLOG said...

Joe,
Did you pick up any XTXI...got down to 86.28

joewxman said...

Just missed...had an order at 86.26! However i'll try again Monday. I have a chart buy point at 85.55 so thats probably where i'll lay the order in and start building a position from there.