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Friday, August 29, 2008

FRIDAY INTO A HOLIDAY WEEKEND!



With Labor Day looming things are really slowing down but with Gustav a threat early next week to the oil and gas operations in the north central Gulf of Mexico, the energy markets will be active and they are up this morning so energy stocks and mlps will have a firm bid under them. This morning on the corporate front there is no news and nothing on the upgrade downgrade list.

MLPS have had a good week and we have apparently begun the slow process of repairing the damage of these past many months. I am going to keep things light on the blog side today. Of course i have said this before and have wound up doing a normal day. I will watch the first 30 or so minutes of the open and then maybe pick up a racing form for closing weekend in Saratoga.

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