END OF QUARTER!!!!

The third quarter scorecard is pretty good in here. MLPS are up about 10% for the quarter which is nice. We are relatively firm this morning as we go into the last 3 months of 2009. GDP numbers were flat which was pretty much in line. Stock futures this morning are higher so at least we have a nice start of the day.

EV Partners wasted no time with its equity offering as it makes another purchase of assets yesterday. EV is bid even with yesterday's close. No trades there yet. Steifel Nicholas starts Duncan Partners (DEP) at a hold. Always love those holds which usually means "go ahead you hold while i sell."

Oil is up this morning and nat gas is down. Nat gas fell after the ADP numbers which were pretty weak. November gas is at 4.75. I'm no longer playing nat gas with UNG because of the roll ups and contango (higher prices going out on the futures curve) . Better to play it with nat gas mlps and or nat gas stocks.

Sorry for no posts yesterday. Had my hands full with stuff. Back to normal today