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Friday, July 27, 2007

What ever they did not throw out the window yesterday we're seeing them do it at the open today. The MLP index opens down 4.50. The question becomes whether they are done in here and start to take em back higher. Energy Transfer (ETP) and Oneok LP (OKS) are both down 2 points. 1 point minus or more in Markwest Hydrocarbon (MWP) Atlas Resources (ATN) Duke Midstream (DPM), Teppco (TPP) and Martin Midstream (MMLP)

A few winners this morning with K-Sea (KSP) and Nustar (NS) both up 1 point or more. Eagle Rock (EROC) is a strong fractional winner as is Trans Montaigne (TLP).

Lets see if they stablize in here and try to rally em back. I like down opens better than up ones in these big selloff enviornments.

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