LOWER OPEN YES BUT NO SIGN OF A TOP!

It is amazing to me how cautious everyone is in here after this run. That tells me that there is more upside and we are far from a top. MLPS opened lower but not by much. Small moves this morning in most issues. Kinder Morgan (KMP) cut to equal weight by Morgan Stanley while Morgan raises Boardwalk Partners (BWP) to equal weight from underperform. No big impact either way. Boardwalk is up a fraction on the morgan goose. Otherwise we watch. Dow opened down 100 and is now down 80 ish. The mlp index is down about .50 as of this post.

Options expiration today. Looking for buyers to come in at some point today as the battle for 10,000 continues. Nat gas is up this morning. Crude is down a little as 80 dollars is just a stones throw away.