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Wednesday, March 07, 2007

Big energy up big today being led by Exxon which is up to 72.50. MLPS are up but not by a whole lot. The index is about where it was earlier but there are some big gainers on the board now with Martin Midstream (MMLP) and Calumet LP (CLMT) up a point or more. Lots of fractional plusses on the board.

Took a position in the last hour in Trans Montaigne(TLP) and Suburban Propane(SPH) for trading purposes. TLP broke out yesterday and should move higher from here while SPH is correcting into support after its breakout a few weeks ago. It seemed logical from here.

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