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Thursday, January 17, 2008

LAST NIGHTS GOOD NEWS DRIVING MLPS
BUT THE MARKET LOOMS LARGE


And that pretty much says it all. I posted a host of good news last night from a few companies and there distribution and/or guidance boosts. This gave us a 2 point rise in the MLP index but then the overall market sold off as Mr Bernake speaks down 100 plus points. Kinder Morgan (KMP) is up 66 cents and at a new 52 week high! Natural Resource Partners (NRP) is off its high up 20 cents. Copano(CPNO) opened up 1 and change but has given most of that back on its good news.

I have some errands to run so i'll be back later; hopefully after these pompous windbags shut up.

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