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Friday, September 15, 2006

We have cross-currents in the market place. Crude oil is down with a 62 handle...Nat gas was down to 4.70 before turning around to 4.94. The XOI is down but not by much and the ten year yield is down. So all of this and you have MLPS mixed with the AMZ MLP index pretty much at the flat line or a few pennies lower.

Energy Transfer Partners and Energy Transfer Equity are the 2 big winners today on its purchase of Transwestern. ETP is up 50 cents...and ETE is up nearly 1. Natural Resource Partners is down 1 and change on the A G Edwards downgrade.

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