EARNINGS FROM ATLAS AND ONEOK!

Two MLPS that went in different directions over the last few years and the results are certainly telling if you look at the stock price and where its been. Atlas Pipeling Partners (APL) put up earnings yesterday and the company basically said the repair job is working. There is no indication when the distribtution is coming back but the market thinks sooner rather than later. The stock is up today and over 12 bucks but sells for about 1/4 of what it use to.

Meanwhile if you bought Oneok LP (OKS) before the market implosing in 2008 you would be right where you started plus payouts. Strong solid earnings reported here and an upgrade by Citigroup. The question going foward is do you bet on the solid and steady or take a gamble that Atlas will someday be making a payout again. With the risk there is reward. Your choice!

MLPS this morning are higher by about 1 point on the index. Atlas Pipeline Partners (APL) is up 62 cents and is today's biggest winner. The list is split 50-50 between winners and losers and pretty much between plus 30 and minus 30 cents. Atlas Pipeline Holdings (AHD) is the biggest loser today down 37 cents. They also put up their numbers which of course are tide with the above Atlas. No reason to hold it if they aren't paying you to do it.

Markets are up as Bernake speaks and Congress listens.