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Monday, June 09, 2008

OIL OFF AFTER FRIDAY'S HUGE DAY


And why shouldn't be after a rise as big as what a barrel cost about 6 yrs ago. But that is the market drive this morning along with Lehman so we follow along. MLPs last week actually held up well with everything going on. So we start Monday with a firm tone to the overall market and oil down 2 dollars...at least for now.

No news and no upgrades or downgrades for the individual MLP names. The open is coming so i'll wait for things to settle. Blogger issues this morning so i will post as long as its working.
100 degrees in NYC today making everyone miserable.

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