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Tuesday, May 13, 2008

Penn Virginia Holdings (PVG) is breaking out on volume and is today's big winner up 1.84 at 30 and small change. Chart repairing continues in the likes of Linn Energy (LINE) Constellation (CEP) Hiland (HLND) among others which are up fractions to 1 point. The MLP index is down 1 point led lower by the big boys in the group.

Tape overall in MLP continues to feel a little better every day.

2 comments:

Anonymous said...

Any fresh opinions out there on CEP?

joewxman said...

it seems at least technically that it wants to go higher. These up closes lately and the rally now off the earnings makes me stand by my prediction that it will be in the low 20s shortly.