ANOTHER FIRM START AS MLPS CHALLENGE 250...AGAIN!

Strong day all the way around yesterday with dow closing up over 100 and mlps closing up over 3 points. We have another rally underway in the pre market so we are going to open over 250 on the mlp index. This is an important area as we've indicated and we need to close decisively above this. And the dow of course looks like it wants to head back to 9900 where that reversal happened last Tuesday.

Energy is up in the pre market as well with Oil up over a buck and nat gas above 5 dollars on November futures. No corporate developements this morning. No upgrades or downgrades. So we will ride the tail winds of the overall tape. Note that in bull trends corrections are fast and last weeks trip down to 9400-9500 on the dow from the 9930 intra top was about a 5% move and that it could have been more than enough.