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Thursday, May 22, 2008

It looked like oil was about to crack and while its down 1.34 its off yesterday's 5 dollar gain so i'm not impressed. But the last hour often times brings out sellers so we will watch. MLPS are down 2 points on the index but thats because all the big boys in it are down today major fractions like Kinder Morgan (KMP) Nustar (NS) which is down 1 and change. Oneok (OKS)and Atlas Pipeline (APL) are also fractional losers. Atlas Energy Resource (ATN) is down 1 and change.

Winners include Calumet (CLMT) DCP Midstream (DPM) and Inergy Holdings (NRGP) among other showing fractional gains.

Hey the DUG is up a few cents and off its highs.

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