Good Monday Morning! The world has not completely fallen apart over the weekend but the stiches are coming out of the seams....As has been the case for the last several trading sessions we are at the mercy of Middle East developements and the dow industrials are on the verge of a breakdown below 10,700 which would take us to the next support level which is around 10,200. MLPS stand to benefit from a flight to quality but the road could be rocky.

Meanwhile some news from late Friday...Teppco (TPP) announces its distribution for the quarter and its the same as last quarter. However its better news for Enterprise Products Partners (EPD) shareholders as you get a distribution increase!

My first post of the day is an early one since i am working this morning in NYC where its going to 100 degrees today. I also work across the street from the Israeli Embassay which means the potential for protests and God knows what else. I will post again later this morning before the open as we get some headlines about what is going on in the upgrade downgrade department.