THE BIG UNWIND
E V PARTNERS EARNINGS
THE CRAMER GOOSE

As i posted yesterday we had the great unwind as MLPS were under pressure all day long thanks to some fund dumping shares. Some blocks of size including a quarter of a million shares of Atlas Pipeline Partners (APL) crossed the tape. Is there more coming? We'll see but the purging of hedge funds continues and we can only hope this comes to an end soon.

Earnings from E V Partners (EVEP) this morning which look very good. The company also says it plans to boost the distribution to 62 cents in Q1. BTW when you ex out items its 74 cents verses 43 cents. Also last night Constellation Partners made some corporate moves and affirmed guidance for 2008. Nice to know from the stock price trip from 50 to 19.

Quicksilver Gas (KGS) gets an upgrade goose this morning from JP Morgan. And speaking of goosing...Cramer last night gave a big buy boost to Energy Transfer Partners (ETP) and said that he had planned to feature the stock one day next week and can't understand why the stock is as low as it is. Hey Jim..take a look at the group. There are many here who can't understand it either!

CPI is due out at 8:3:0 Futures are selling off ahead of it. I can't help but feel we are setting up for a non negative number which will mean a rally. Crude Oil is down a bit this morning. Nat gas a touch higher with a 10 handle. And heating oil continues to surge at 3.11 futures. Thank God the winter is almost over.