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Friday, July 06, 2007

Well the nat gas numbers have taken gas to 6.48 on the news and we are sitting there. So lets see if this is a bottom or "the" bottom. So far the trade is not working. Shows you sometimes the best laid plains of mice and men. But the day ain't over yet.

Meanwhile the MLP index is slighty higher up 35 cents, Atlas Resource (ATN) and Penn Virginia Holdings (PVG) lead the way higher up 1 and change on both. Holly Partners (HEP), Buckeye (BPL) and Genesis (GEL) are fractional winners. None of the winners are being driven by any individual news.

Nothing really stands out on the losing side. Most losses are in the neighborhood of small fractions. Breitburn(BBEP) is down 50 cents as the biggest loser.

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