Tuesday, September 25, 2007
A lot of the bigger cap MLPS are down major fractions like Plains (PAA) Kinder Morgan (KMP) and Energy Transfer (ETP) and as a result we're seeing the MLP index down 2.68 and under 301. The selling has accellerated in the last hour; this while the overall market has firmed. The energy market is lower with crude oil down 1 and change. Big energy stocks are lower today. So there are substantial headwinds.
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