LINN ENERGY BOOSTS AND AFFIRMS NEXT QUARTER
STILL NO SIGN OF A TOP

Its a Monday morning following Friday's melt up of 150 on the dow. MLPS closed higher but finished below an all time high close so we wait for the open. After the close Friday Linn Energy came out official with its already announced distribution increase and is affirming the next quarter increase as well. Crosstex LP (XTEX) and Crosstex (XTXI) announces their respective payouts no increase but that was expected.

Friedman Billings is on the wire this morning as they are dropping coverage on a host of MLPS include Plains All American (PAA), Oneok (OKS), Teppco (TPP) and Enbridge (EEP,EEQ). They had market performs on all of them.

The MLP index was up about a point on Friday and i guess we'll start on the upside today. This should be a busy week for earnings and distribution increases. News headlines when they break.