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Wednesday, June 20, 2007

One of those hard to figure afternoons here. Dow is down 60...Oil index is down 24 points...Energy is selling off...Bond rates are higher...and MLPS;you would think they would be selling off. In fact the index is up .60 here. Lots of fractional winners on the board. Regency (RGNC) and Terra Nitrogen (TNH) both up 2. Duke Midstream(DPM) up 1. Nustar Holdings (NSH),Global (GLP) Buckeye(BPL) Universal Compression (UCLP),Inergy Holdings (NRGP), Hiland Group and Hiland LP(HPGP,HLND) and others all up major fractions.

Constellation Partners (CEP) Suburban Propane(SPH) both down 70 cents. Markwest Hydrocarbon(MWP) is the biggest loser.

Someday I'll figure out upgrades...AG Edwards starts Legacy (LGCY) at a buy. The stock is unchanged. Credit Suisse's upgrade of Atlas Pipeline gave this stock nearly a 2 dollar up start..now just up 20 cents.

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