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Friday, March 23, 2007

Sorry for the lack of posts today as i had some things to do. But what a day as the MLP index rose 2 1/2 points and there were big gains and chart breakouts in alot of issues including Calumet Partners which broke solidly through the 46 level and posted a nearly 2 point gain. Solid fractional gains pretty much a cross the board. Even the stocks that got downgraded this morning by some of the brokerages managed to finish well off the lows or near the flat line.

Enjoy the weekend with a very profitable week behind us. We should start looking for a correction soon in this astounding move from last October but we'll let the charts tell us if and when.

2 comments:

Unknown said...

Looks like ETP willstart moving gas this week thru the 42" Reed to Cleburn line w/ the Reed compresssor station.This should be really good news.

joewxman said...

ete/ete firing on all cylinders!