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Monday, January 30, 2006

Boy they did not like Valero LP's numbers this morning. The market for quite awhile has given VLI slack on the static distribution but looks like some are tossing in the towel...stock down 1.75 and is about to break through 52.

They liked the Holly numbers but the pre-market trade was a fluke. Stock is up 65 cents however.

Most MLPS are fractionally higher...Exxon's huge numbers lifting up all things energy...the 10 year yield is at 4.53% but so far not having impact.

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