ITS FRIDAY!...UNEMPLOYMENT NUMBERS AND NOT MUCH ELSE!

For MLPS its been a very very boring week. Outside of the GP IPO offerings being increased at Buckeye and Valero its been pretty much appointment only trading and I can't see much change from that today. The employment numbers will dictate the tune of the 10 year which has been hovering below 5.25%.

There are no corporate developements. In the upgrade downgrade department Alliance Holdings (AHGP) which is the GP of Alliance Resource Partners (ARLP) is being called overweight at Lehman Brothers.

Crude oil continues to make new highs at 75 dollars and change up 50 cents as we type. Natural gas continues to hover around or under the 6 dollar level. Stock futures ahead of the numbers are up...S&P futures are +1.90...10 year at 5.179%...here come the numbers which are below expectations and S&P Futures are soaring now up nearly 7...10 year yield drops to 5.14%

See ya'll at the open.