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Monday, October 05, 2009

Breitburn (BBEP) affirms borrowing base and hints that distributions many come back next year as liquidity improves! Breitburn up 40 cents this morning.

MLPS are higher by almost 1 point on the index as markets open higher. Inergy Holdings (NRGP) and Regency (RGNC) lead the list of fractional winners so far.

Nat gas sharply higher this morning. Pop up came before the open as UNG sells shares again and that of course means they can buy more futures contracts. Sort of self fulfulling scenario but the trick is being on the right side of the trade. Moved elsewhere rather than deal with all the nonsense.

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