DOW OPENS DOWN 100 AND MLPS DOWN 1.

Im still a little concerned with all the struggling the markets have been doing up here in this 10,500 dow..mlp 269 though admittedly yesterdays mlp performance was pretty good. This morning the markets are soft and so are mlps. We have some news. Calumet Specialty Partners (CLMT) is doing what other mlps have done with a double digit stock price...a stock offering. It is down 1 today on the news. Deutche Bank cuts Teekay Offshore (TOO) to a hold from buy. The stock is down 43 cents today. There is an mlp conference today so there might be some news when some companies make their presentations so we should pay attention during the day. Nustar (NS) among other is making noise today.

Nat gas is exrending its rally today as the recognition of winter is descending on that market while crude is down. Energy stocks as a whole are under pressure today. So it looks like a soft day ahead and barring any tragic mis-steps it should be contained.