THE BIGGEST ONE DAY DROP

IN POINT TERMS EVER!

NASDAQ DOWN 200 POINTS OR 10% IN ONE DAY!

THE HOUSE SETS THE ECONOMY ON FIRE

It has gone beyond MLPS a long time ago. The House of Representatives has pretty much tossed the entire US off the Empire State Building and we are rapidly approaching the pavement. These vile reps in Congress who have no clue how markets work have effectively sentenced us to a vicious recession. So now we will let the markets tell Washington what we think of them. See you at 9000! No point at looking at charts; they are pretty much meaningless now.

Legacy Partners (LGCY) was the only winner today up 6 cents. otherwise the damage in mlp land was extensive. The index closed @ 220 down 15 which was off the lows of the day @ 217.
Kinder Morgan (KMP) was down 4 as the biggest loser.

My bank is JP Morgan Chase and the mood in my branch was pretty somber today. I don't know why because the way its going they will be the only bank left!

On a serious note i hope all of you out there are okay. It certainly hasn't been easy and it may get a lot harder over the next few days. If need be...take a deep breath..drink lots of liquor...watch some football tonight. Just take a step back and relax. This too shall pass...so long as we don't pass out first.