Can'thelp but feel there is a flight to quality going on with the possible collapse of subprime lender New Century. The MLP index is up .62 and over 304...new all time high territory. Global Partners(GLP) and Duke Midstream(DPM) are both up a point each. Fractional gains in Trans Montaigne (TLP), Penn Virginia (PVR), Natural Resource (NRP) and a few others. Duncan Partners (DPM)got a bunch of brokerage nods this morning as reported earlier and Raymond James starts at outperform. Stock up 35 cents.
Crosstex Energy (XTEX) looks like its re-resting its lows from 2 weeks ago and volume is drying up here so thats a good sign. The stock is down 80 cents. Martin Midstream (MMLP)and Energy Transfer Equity (ETE)..big winners last week are down 80 cents each. The rest of the losers list showing minor losses and nothing news driven.
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