Tuesday, November 27, 2007
Bit of an odd day for MLPS today in that the index is down by just under 1 point. Its being dragged by a 50 cent loss in Enterprise Products Partners (EPD) which has a huge weighting in the index. That is being off set by the second biggest weight in the index; Kinder Morgan Partners (KMP) which is up 1.50 as Raaymond James upgrades the stock to an outperform. Buckeye Partners (BPL) Nustar Holdings (NSH) Sunoco Logistics (SXL) and Penn Virginia Holdings (PVG) are all down 1 point or more. Much of the group is showing fractional losses. So here we sit with the dow up over 200 points and even the bank stocks are up today...and MLPS can't get out of their own way.
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