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Tuesday, May 15, 2007

The MLP index this afternoon is down a little less than half a point. Linn Energy (LINN) is down 3 now on its earnings news and conference call. I've become fascinated with Terra Nitrogen (TNH) which is down 22% in 2 days from its intraday high yesterday of 99.88! No news and volume is massive for an MLP like this one...over 1 million shares! Looks like massive profit taking underway here. Buckeye Partners(BPL) is down 50 cents as is Global Partners (GLP) and a few others. Plains All American (PAA) Boardwalk Partners (BWP) and Natural Resource Partners (NRP) are fractional winners.

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