The latest on Ernesto from the National Hurricane Center. Note it is no longer being forecast to become a hurricane and all hurricane watches have been canceled. And of course we have priviate forecasters who have predicted damage from Florida to Maine and flooding the worst since Noah set sail. And of course the futures markets are now reacting to every cloud that moves off the coast of Africa. Frankly as a meteorologist it has me feeling a bit depressed that my job now involves bringing everything to its natural armagedon conclusion. And its not helped by those in tv land who desperately want to see another Katrina or worse.

Oh well enough of the rant...MLPS are mostly higher today. Lehman resumes coverage of Atlas Pipeline Partners (APL) at market perform and starts Atlas Holdsings (AHG) at market perform. Not much else seems to be happening and there are no corporate developements. So the falling 10 year rate to near 4.75% is providing a nice tail wind. Crosstex LP is today's biggest winner up 65 cents after being down about as much yesterday. Martin Midstream (MMLP) and Regency Partners (RGNC) are both down about 50 cents apiece but no news moving these issues either. Its just more pre labor day appointment only trading.

Sorry for the late morning first post but i was on the beach early as clouds and showers could be moving in this afternoon...i wanted to make the best of it.