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Monday, July 27, 2009

Up over 3 points this morning on the mlp index with the dow pulling back. MLPS show no signs of a selloff. Lots of 1 point gap opens this morning and we have quite a few mlps up 1 point or more like Sunoco Logistics (SXL) Holly Partners HEP) Enbridge (EEP) Plains All American (PAA) and Energy Transfer (ETP) and Teppco (TPP).

Losers are few and far between and they are down by just pennies for the most part. Buyers are probably coming in to get those distributions which will be seeing shortly.

2 comments:

Max said...

With apologies, this is a little off topic. My favorite video of the week:

http://www.youtube.com/watch?v=FNmi-bBhWG8

joewxman said...

Only in America! Brings new meaning to buy one get one free.