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Wednesday, December 12, 2007

Enough to make you ill but what are you going to do. Sellers met this morning's powerful up open and we are up less than 80 points and were down to plus 35 during lunchtime. MLPS opened higher...moved to unchanged and now are fractionally higher at 297 on the index.

New 52 week lows list includes Eagle Rock (EROC) and Linn Energy (LINE) which is now a 10% yield and yields over 11% for q1; both fractional losers today. Also down nearly 1 point are Hiland (HLND) and DCP Midstream (DPM).

Sunoco Logistics is up 1.20 and leads the winners list. Regency (RGNC) made another purchase today and the stock is up nearly 1 dollar. Fractional winners include Oneok (OKS) Crosstex (XTXI) and Boardwalk (BWP).

God knows how we will finish but i guess we have to bear in mind that the group still has lots of pressure on it and there are only 12 trading days left in the month after today.

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