MLPS CONTINUE HIGHER...

200 DAY MOVING AVERAGE APPROACHES

The damage repair continues this morning as we are higher and for the first time since late July we are straddling to move above the 34 day moving average, which is bullish. 305 and change is where the 200 day lies and my guess is we are headed there over the short term.

No news this morning and no upgrades or downgrades. The bigger caps are higher like Oneok (OKS) Nustar (NS), Plains All American(PAA) Boardwalk (BWP) are up by fractions. Alliance Resource Holdings (AHGP) which was up 1 yesterday is up another point today.

Some fractional losers like Williams (WPZ) EV Partners (EVEP) and a few others. Looks like its rotational action here.