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Tuesday, July 10, 2007

Somebody took issue with my "path of least resistence" view on MLPS. Oh well.

Meanwhile that particular path remains higher for MLPS as they are up over 1 point on the index. A few issues on the losers list. We have Nustar Holdings (NSH),Energy Transfer Partners (ETP) and Penn Virginia Holdings (PVG). Lots of fractional winners on the board including Breitburn (BBEP) Williams (WPZ) which rallied 1 as i blog. Sunoco Logistics (SXL), Atlas Pipeline(APL), Markwest (MWE) and Copano (CPNO) all up major fractions.

Meanwhile nat gas has broken out above the 6.60 level and that has the UNG ETF up to 42.55 and up 1 and change on the day.

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