So today they've decided there will be no winter and major energy is down hard...XOI -33 points. Let me point out that this pattern is transitory...that is we will be seeing swings like this over the next few weeks...but the overall trend will be for colder weather than normal speading across the midwest and northeast. Its just that today's focus seems to be on the "right now" and it is not even December yet.

MLPS are mostly lower but not by alot. Not much news out there other than the Lehman notes on Crosstex (outperform)...Crosstex up 60 cents...and Martin Midstream which is up 17 cents.