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Thursday, February 14, 2008

A watching paint dry day with the mlp index off about a quarter..the overall market down a little less than 100 pts on the dow in some orderly profit taking. The usual suspects are down again (we know who they are in spite of million share blocks or the fact that one is shooting for 13 down days in a row. They will go unmentioned).

Coal MLPS continue higher. Natural Resource (NRP) and Alliance (ARLP) up major fractions. Penn Virginia Resources (PVA) and Penn Virginia Holdings (PVG) are down a touch on earnings. Holly Partners (HEP) is today's biggest winner up 90 cents.

Just a note..i will be up in the mountains next week on vacation and while i will attempt to blog i'm not sure what kind of internet satellite reception i will get.

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