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Monday, August 18, 2008

We have the dow down 180 and oil down fractionally but MLPS as measured by the index holding on to a fractional gain. Granted alot depends on what you own. Enterprise Products Partners (EPD) is up 40 cents and that gives the index a boost. Other fractional winners include Atlas Pipeline (APL) Magellan (MMP) EV Partners (EVEP) Buckeye (BPL) and Oneok (OKS) among others...nothing to write home about.

Exterran (EXLP) and Hiland (HLND) lead the losers down 1.50 apiece although the volume is very low and a few buy on either one takes them up to the flat line in a hurry. Holly Partners (HEP) is down 1.

While i post the MLP index is suddenly up over 1 point. Kinder Morgan (KMP) just went fractionally higher and that could be the reason.

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