MONDAY MORNING POST IRENE!

I have the good luck of having all my electric and cable working but i must be one of a handful as everyone around me is still without power. Markets are open of course and we have a rally to start off the last week of the summer vacation season. Labor Day is next Monday and my view has always been that when you get to Labor Day, Christmas shopping should be rushed to completion. But thats next week's problem. This morning we have Euro markets rallying as at least for today they close their eyes to their problems. Stock futures are moving up here and MLPS are set to open higher. Interest rates are higher by 8 to 10 basis points on the long end. So at least for moment we start the day higher.

Atlas Pipeline Partners (APL) announces long term NGL agreements. The stock has been one of the better performers in the group until the recent selloff. No other news and no other upgrades or downgrades.

I just came off working 36 straight hours and have a yard to clean up.