MLPS NEARING THE RECENT TOP!

Yesterday's one point gain takes us within one day striking distance of the absolute top set back in July. We have end of quarter pressures continuing and that ends at the close tomorrow. MLPS have been pretty much moving with interest rates and those have been trending down again on the long end. 2.45 on the ten year and 3.67 on the thirty year are close to their recent trading lows. So its tail winds blowing for now and we'll stick with the idea of higher prices short term. Looks like the dow wants to go to 11,200 which would test the highs for the year.

No corporate drivers this morning so far and no upgrades or downgrades. The dollar is down this morning. Stock futures are flat ahead of the open. Crude is up a few ticks this morning. Nat gas is flat. Gold and silver are a little higher as gold continues to straddle the 1300 line. So let us proceed to the open.