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Tuesday, July 10, 2012

    MLPS SHOOTING FOR 10 IN A ROW!


Up again yesterday and up again this morning but the overall tape has turned lower as Europe and Italy are hitting headlines about tapping aid. The dow is up 10 points after being up 90 and down 30. MLPS are up nearly 2 points on the index and 390 is getting close. The 10 year is at 1.51% and is not far from its all time lows in yield. Right now (or at least since i disappeared for 10 days) mlps are moving counter to the tape. Natgas coming back to 3 bucks is probably also giving support.

Watch the tape to see what happens this afternoon.

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