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Tuesday, August 14, 2007

Well they threw the kitchen sink at the market with the siezing up of the commerical paper market but it seems to be one isolated small fund. 13,000 was vunerable but it held...losses have been cut in half. Meanwhile MLPS were up 3...then down 2 on the index and are now rallying back to just a 50 cent loss. News drivers with earnings...Eagle Rock (EROC) is down nearly 2. Linn Energy (LINE) down a little less than 1 point. Transmontaigne (TLP) up 2 on the double upgrade. Atlas Pipeline (APL) gets an upgrade from SMH Capital and they are up a fraction...Holly Partners (HEP) gets the same upgrade and they are down 1 point.

Everybody out to lunch so lets see what happens this afternoon. Your guess is as good as mine.

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