One day someone is going to figure out that Valero Holdings is gradually become very undervalued as Valero LP is breaking out today to new highs. The "secondary" of former parent Valero(VLO) of 27 million shares remains the overhang. Once this is done...this one should play catch up. Meanwhile LIN Energy (LINE) has broken out to nearly 28 today. Regency (RGNC) is also on the verge of another upleg. Afternoon action remains very bullish. Looking foward to the last hour.