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Monday, December 22, 2008

Some individual movers today that are standing out. Markwest Energy is down 1.34 to 7 and some change. This with an insider stepping up to the plate. Inergy (NRGY) and Inergy Holdings (NRGP) are up a bit on news that Stagecoach North is up and running. Otherwise its a losing day with the mlp index down over 3 points. The energy complex is down with nat gas nearing 5 dollars and Crude holding just above 40 as we have headed into the new contract.

Hiland Partners (HLND) is down under 4 dollars and its stock price is not much more than its annual distribtuion! Hiland Holdings (HPGP) is at 2 bucks as it moves in tandem. No doubt that a cut is coming here. If not that this stock could triple in a hurry. Place your bets or black! Penn Virginia (PVG) Nustar Holdings (NSH) Holly Partners (HEP) and Energy Transfer (ETP) are all down 1 point or more.

I guess its lots of year end selling going on but as far as falling energy prices...could be a signal that the economy is nothing short of a disaster area.

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