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Tuesday, August 15, 2006

Good Tuesday morning! And a good tuesday morning it will be as the benign PPI number has sent stock futures soaring and 10 year rates plunging. So MLPS should rally today. This morning we have a couple of moves by Deutche Banc as they upgrade Enterprise (EPE) GP from sell to hold...and they upgrade Amerigas (APU) to a buy from a hold. AG Edwards also starts coverage on Williams Partners with a buy and sets a target of 40 dollars.

No other news to speak of..Last night Regency Partners (RGNC) reported earnings and the numbers look OK as i read them but we'll see what the market decides. No other news this morning to speak of so we wait for the open. I'll be looking to see if Crosstex (XTXI) sells off after the open. If we get a spike down like yesterday i will be there waiting.

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