The sitemeter indicator is 3 for 3 in calling turns in the MLP index. The theory is when my visitors to this blog spike well above the daily average it markets a short term bottom. It spiked on the day of the August bottom, and off the 290 bottom retests that have occured since. Well in the food for thought department my readership has begun spiking again. We'll see if its telling us something.

With the dow down 200 points it has taken us down although as the pattern has been lately we're down but not as bad as the broad tape. Only 5 issues are up, Nustar Holdings (NSH) Energy Transfer Equity (ETE) Suburban Propane (SPH)Regency (RGNC) and Semagroup LP (SGLP) which announced a deal this morning. Inergy Holdings (NRGP) is down 1 as the biggest loser and everything else showing fractional losses of varying degrees.