CROSSTEX EARNINGS AND MORE
THE DAY AFTER THE BIG RALLY!

First off sorry for no posts yesterday but i had my hands full at work and suddenly the time slipped away. 200 dow points and nearly 3 points on the mlp index was nice. Charts are suggesting we could break out today on the dow assuming the employment numbers behave. Lost of talk of a head and shoulders top forming on the daily chart of the dow but we had that talk 2 months ago and that was about 1000 points ago.

News this morning from Crosstex (XTEX) as they post earnings and they say they are pleased with the progress of paying down debt. No sign of a distribution returning anytime soon for Constellation Energy (CEP) as they put up numbers they call solid. DCP Midstream (DPM) put their earnings up last night after the close. Spectra Energy Partners (SEP) are due out this morning.

Stock futures are up a little head of the employment numbers while energy is a little lower. The dollar gets attention today and its a little higher against the euro ahead of the open. The scope of yesterday's move leads one the suspect someone got wind of the employment number but we wont go down that particular road.