PRE -THANKSGIVING DAY ACTION

I suppose we should just be thankful that the selling has to end today at the close because the market is closed tomorrow and Friday is a semi-holiday. An ugly morning with everything looking pretty hideous in stocks. MLPS will just get sold with everything else. But i will say that a hard down open is preferable then another one of those days where we sell hard into the close. Hard down opens have a chance of being a selling climax.

No news and no upgrades or downgrades this morning. Holly Partners(HEP) had news last night (see last night's post) which could be supportive but these days nothing works.

Blogging will be short today as we get ready for Thanksgiving.