THANKSGIVING WEEK BEGINS HIGHER!

Going back 1 year ago to the beginning of Thanksgiving week finds us only about 30 points higher on the mlp index. Thats because the final horror of the 145 low on the index did not occur for another couple of weeks. Everyone here should remember the abyss we sank into to reach that final climax bottom and it certainly was not physically or emotionally pleasant.

So here we sit a year later at 262 and some change. The market has been in rally mode since March. MLPS have been rallying for almost 11 months going back to last December. Lots to be happy about even if we arent exactly back to the promised land.

Im not expecting much to happen this week to our companies in the mlp universe. No news this morning and nothing on the upgrade downgrade list. Energy is up this morning as the dollar is down so it looks like another one of these strong Monday's is setting up pre open.