MONDAY MORNING...

LOOKS LIKE A FIRM BEGINNING.

The world did not come to an end over the weekend which is a good thing. Stock futures have beens slowly firming up this morning after being lower overnight so we seem to be gaining a little footing here in what could be a bottom of some kind...or a bottoming process. Nat gas is up 20 cents on the cold weather in the east...10 degrees in NYC this morning.

Earnings news from Boardwalk Partners (BWP) which misses estimates by 4 cents but that doesn't mean much in this group as we know. The stock is down 57 cents in some pre-market trading. Also this headline as a sign of the market we're in; Plains All American is pulling the ipo of its GP. The company blames market conditions (you think?). At least that is less supply for an already over supplied group.

Nothing on the upgrade downgrade list so far. I'm blogging from work this morning so this post will be short. More later.