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Thursday, November 16, 2006

When the XOI is down 30 points...oil down 2 bucks...interest rates higher...nat gas lower...the fact that the index closes pretty much even (-.05) is a bit amazing really. Last 30 minutes saw the index sell off but no damage of any consequence that i could see other than some big recent winners seeing profit taking. Markwest Energy (MWE) was down 90 cents for example. Still some winners on the tape like Energy Transfer Partners (ETP) Sunoco Logistics (SXL) Copano (CPNO) and a few others.

Watching for after hours news.

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