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Wednesday, January 02, 2008

100 dollar oil is on the minds of trades and that sent the dow to -220 and MLPS are now slightly lower as the market sell off has taken control. Off the lows now but not by much.

Boardwalk is up 1.05 and over 32 as it rallies off year end selling but Linn Energy is down 40 cents and Holly (HEP) down 1 and change. No rally off the year end selling for those 2...at least for now.

I would be hesitant to read too much into any move today and wait for 3 or 4 days of trading to come to some sort of conclusion about what to expect over the next few months.

1 comment:

Anonymous said...

NGLS -6% today.