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Friday, December 01, 2006

PROFIT TAKING IN THE ENERGY COMPLEX..10 YEAR RATES UNDER 4.50%...MLPS AT NEW ALL TIME HIGHS...COPANO PRICES STOCK OFFERING.

Its the end of the week and its been a profitable week so far. New month begins today and the prospects for the next round of cold weather has worked its way through the energy complex. So profit taking is in order and we're seeing it so far this morning. Crude and nat gas off slightly after their sharp run-ups this week. In corporate news this morinng Copano (CPNO) priced its 2.5 million share offering at $59.11.

This is an early post this morning so as of 7am no corporate news and no upgrades or downgrades so far.

Just another reminder here...I set up a discussion group for MLP's so we can all be in one place all by ourselves without outside distractions. Please join and start posting. I've set up discussions for most mlp's...if i missed one let me know.

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