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Master Limited PartnershipsA blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS. |
MARKWEST LOOKING GOOD. MLPS TO RALLY AGAIN!
Posted on 09/28/2006 11:33 AM | Link | Post Comment

Two of the better looking charts of the last few months and they still look good. Markwest Energy LP above and Markwest below...and i think they both have more upside. Markwest Energy gets its price target raised this morning by RBC Capital Markets.
And this is how we start the second to last day in the quarter. Crude is flat this morning and nat gas is higher on the new front contract. No corporate developements. MLPS closed right near its high of the day yesterday and we look foward to some followthrough today.
Note the end of quarter usually provides us with all kinds of odd trading patterns in a few issues. I think your seeing it in Crosstex LP, Holly Partners and a few others. Which means if you see these climb late tomorrow on short covering, don't be surpirsed.
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