Good Monday Morning!
So we begin the day with the tape in the toilet which i think many be a good thing as we wash out the sellers for a reflex rally of some sort. Ultimately i think the market is going lower and headed below 11k on the dow. Meanwhile in our own little universe not much is happening. No corporate news this morinng and no upgrades or downgrades so far.

A couple of notes...First off Northern Borders Holders. is no more..it is now Oneok Partners..a reminder that today begins trading under the symbol OKS. Also Crosstex Energy (XTXI) was up 3 points on Friday on Gorrila Trades putting the stock on their buy list. I can't confirm this other than some posts on the Crosstex Yahoo Message board. The stock technically is in breakout mode and I still think the stock should head for lower 90s before this upleg is done.

Over the weekend Econbrowser has a short piece on Crude and Natural Gas and why they are behaving the way they are and what might happen down the road.
Crude this morning is down nearly 1 dollar but Natural Gas is up slightly.