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Tuesday, September 04, 2007


I was biking this morning and saw this sign. I just couldn't resist.

Two other deals...smaller ones announced today. Legacy Reserves makes a purchase that has the stock up over 1 dollar while Atlas Energy Resources (ATN) announces a smaller purchase. Nice to see deals getting done.

Meanwhile Copano (CPNO) up only about 1 buck on its 600 million dollar purchase this morning. I thought there would be more bang for this but who knows these days. Picked up some shares this morning around 40 bucks.

MLPS are acting well today. The index is up 2 1/2 points and back near the 200 day moving average on the chart. Lots of nice gains as some of Friday's non gainers play catch up and some of Friday's winners take a breather for now.

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