END OF Q 3 APPROACHES!

We continue this bull move higher on the overall markets and MLPS with no sign of a top yet. Friday's trading was very strange indeed and it leads me to believe whether we saw some end of quarter nonsense in mlps a little early. Someone took advantage of a 5 point selloff in the index as of 3:10pm Friday to cover shorts and in a violent way. The index closed up Friday on the day.



Monday morning brings us a bit of the blues in the overall market with weaker futures but nothing tragic by any means. A stronger dollar is putting pressure on oil or at least that is the excuse this morning. Nat gas is only down slightly as it continues to hold its own after the climax low at 2.50 a few weeks ago. No corporate news and no upgrades or downgrades so far.

Not much else happening really of consequence. Summer is almost over. Hurricane season has been a big dud in the Atlantic basin. Some of the longer term weather trends (beyond 7 days) show it turning colder across the midwest and northeast as we begin to shift focus toward winter months and its impact on energy prices.

Bring on the open and lets see what the day brings us.