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Friday, October 13, 2006

The whole group is strong today with the MLP index knocking on the door of 260 when just last week we were down in the 253 level. Except for Ferrellgas (FGP) which is down 1 on a stock offering and one or 2 others, we have lots of upside with fractional plusses across the board. Crude held 57 and is back to 59...big energy stocks telegraphed this when they did not go to new lows in the latest move.

Friday afternoons can be slow as people cut out early for the weekend...but we should finish on a strong note.

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