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Thursday, August 14, 2008

Down just 0.18 on the index. And we are seeing some gains in the mlps less traveled like Exterran Partners (EXLP) which is up fractionally. Eagle Rock Energy Partners (EROC) is back over 15 bucks. Even DCP Midstream (DPM) is up.

Some volume in Inergy Holdings (NRGP) which usually trades by appointment only. 6500 shares traded with the stock down 36 cents. No news there but somebody is moving some stock around and perhaps accumulating. I'm long this one so i'm hoping for a pop up.

Crude off the lows down 1.50. Nat gas is looking hopeless in here. Dollar rally continues. Dow up 120.

2 comments:

Anonymous said...

MLP's just never seem to rally when the rest of the market is up.

joewxman said...

However they are not going down like they would have a few weeks ago with other energy stocks