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Friday, September 21, 2007

WILD WEEK COMES TO AN END
MLPS FOLLOWING THE MARKET



We have been pretty much moving along with the rest of the market lately.


The MLP index in relative terms were damaged much more than the broader market and as a result the repair job is more extensive. Still we seem to be moving in line with the overall market performance since Tuesday. But we remain below the moving average support lines while the dow industrials are trading back above it.


This morning we have K-Sea (KSP) pricing its offering at 39.50 a share.
Targa Resources (NGLS) gets an upgrade from Wachovia to outperform from market perform. For some reason the Deutche moves on both Buckeyes (BPL,BGH) is on the list again today but that is old news from yesteday.

The open looms large!!

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