END OF QUARTER
SO GET READY!

And yes the scene is rather Macbeth=ish out there. The best that i can say about oil this morning is that Friday's print high of 142.99 has not been taken out yet but we are close and up over 2 dollars from Friday's close. It was(is) the worst June in the markets since the depression but as i pointed out to a friend last night its not as bad today as that June in the depression. MLPs about to retest the 275 low from January and we of course are always on alert for that elusive bottom.

Early post here and so far no overnight headlines and no upgrades or downgrades. Stock futures weakened overnight from being a little higher as the dollar continues to weaken. Nat gas is higher this morning. The dollar is weak and getting weaker on higher European cpi. Stocks are trading pretty much tick for tick with oil and i would expect that trend to cotinue today. I don't think a bottom will be put in until they finally take out and shoot the strongest stocks like the shit stocks (fertilizers) like Potash etc, the coal stocks and the rest of big energy which continues to hold up.

Last day of the quarter. Anything can happen.