ENDING Q1 WITH AN 11% GAIN!
REGENCY EARNINGS ARRIVE
AND OTHER RUMBLINGS!

Friday morning brings earnings from Regency Partners (RGNC). The company was downgraded last week by one of the brokerages and did pre-announce earnings issues about a month ago. We'll see if its all priced in. Meanwhile we come to the end of a magnificent 1st quarter where the S&P 500 is essentially flat and the MLP index is up 11% with total return probably closer to 13%. And some individual issues are showing really solid gains of 20-30% or more like Linn Energy(LINN) and E V Partners (EVEP) for example.

So far no upgrades or downgrades.