NAT GAS NOW ALMOST AS CHEAP AS FRESH AIR!

Its down 9 days in a row and counting. And the sell off is pretty much been unrelenting. These low nat gas prices have certainly done damage to nat gas mlps especially the ones like Crosstex (XTEX) and Atlas Pipeline (APL). Its make or break time and i can't remember the last time nat gas sold under 3 bucks. It needs to make a stand in here otherwise its another leg down to who knows where. I am still long UNG and have been nimble enough to trade in and out of the few rallies that have occured. My average price is right at 13.

MLPS have pretty much run through the distribtuion cycle and your payouts are in your bank accounts by now. Not much happening this morning on the news front. No upgrades or downgrades. No corporate headlines this morning. Crude is down a touch this morning. Looks like we could be in a corrective mode which continues to be relatively orderly. The mlp index is holding its support area between 226 and 235. Bring on the open which will be lower.