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Monday, July 21, 2008

A fabulous 6 point plus gain on the MLP index as if they couldn't bounce 'em today...it was over. 1 point plus gains in Atlas Pipeline Partners (APL), Magellan Midstream (MMP), Kinder Morgan Partners (KMP) Nustar (NS) Oneok (OKS) DCP Midstream (DPM) Plains All American (PAA) among others. Fractional gains in Global Partners (GLP) Legacy (LGCY) Hiland Holdings (HPGP) Williams (WPZ) Energy Transfer Partners (ETP) and others.

Not many losers today at all. Martin Midstream (MMLP) is down a few pennies along with Exterran Partners (EXLP) and Inergy Holdings (NRGP).

Relief today that we held 262. Maybe we finally put some sort of bottom.

1 comment:

Anonymous said...

Joe,

We need to see follow through. The one day wonder rallies do little more than destroy confidence.

Peering out from the bunker,

Mr. Pipes