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Tuesday, August 07, 2007

Just got back from the lake... down 100 after the fed announcement and now up 50 and change. Nice move and nice moves in the MLPS...the index up 12 points which gets us back to Friday's close (wee!). Energy Transfer Partners (ETP) leads with way up 5. K-Sea Partners (KSP) is up 4. Suburban Propane (SPH) is up 3. EV Partners, Plains All American (PAA) and Nustar (NS) are up 2. 1 point plusses in a mile long list of issues.

2 oddities out there. Legacy Partners (LGCY) is down 30 cents...no bounce there. And Linn (LINE) never really sold off hard like the others and is basically unchanged. Also down are Alliance Resource Holdings (AHGP) about 90 cents worth, Breitburn is down also 1 but that one has a habit of rallying in the last 5 minutes.

My guess is everyone's portfolio looks a touch better today.

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