Bounce rally that began thursday afternoon last week continues this morning. Valero leads the way with a 1 point gain....and there are strong fractional plusses in many issues like Magellan Midstream, Crosstex, Energy Transfer, Buckeye, and a few others.

XOI at 976 up from 937 low thursday....Market looks supportive...10 year behaving.

Looks like the correction is over!