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Thursday, January 31, 2008

Well you can sense there is a change in attitude and in the trading pattern. We opened on the MLP index down 2...and turned it around rather quickly and we're up 1 and some change...heading back over 296 and yesterday's highs. Extremely encouraging action. The rate cut bringing fed funds more in line with market rates may be finally causing the rubber band of the yield spread to snap.

Oneok LP (OKS) is the big winner up 1 and some change...most mlps showing fractional gains.

Dow was -200 now +100

2 comments:

Anonymous said...

What is going in with VNR, up ~5% on no news?

Anonymous said...

VNR, check out the Yahoo message board regarding this hidden gem.....