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Wednesday, April 09, 2008

Sellers have arrived albeit on not very impressive volume. All this while the energy commodities just take off. Oil up to 112.00 up 3.60; a record high. Nat gas is up even more on a percentage basis up 40 cents and over 10 bucks. MLPS on the index down 2 which is the first down day after 7 up days in a row.

Linn Energy (LINE) has been stronger all day and is up 40 cents on 600,000 shares. Atlas Energy Resource (ATN) is continuing to rip higher up 1 and change and is up nearly 8 points since the Cramer goose last week.

E V Partners (EVEP) is down nearly 1 as the biggest loser but that one is up from 22 to 29 in a hurry. Many MLPS that are down are in the context of weak pullbacks after the recent rally.

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