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Friday, May 15, 2009

PAYDAY!



For MLP holders today is a nice day as payout checks arrive so enjoy! Or re-invest! Whatever! The money arrives in time for the weekend. Friday looks like its starting out a touch soft but we have been enjoying some relatively strong Friday action lately and it could happen today. This week's action as has been nothing more than corrective in nature and should be used to perhaps generating entry points for those of you shopping for more shares. I still think we have more upside ahead of us.

Not much happening this morning on the news front. Corporate wise its quiet. Upgrade/downgrades are also quiet for now. Crude is about 1 dollar lower at 57 and change after reversing and closing higher yesterday. I guess unless we get some surprise headlines we forge ahead to the open.

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