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Monday, November 29, 2010

Dow down 130 and MLPS down 2 and off the lows of the day. Its all Europe all the time right now. Bonds are higher, yields lower but not exactly a flight to quality run as that is occuring in the dollar. Alliance Resource (ARLP) Calumet (CLMT) Crestwood Midstream (CMLP) and Amerigas (APU) lead the losers list this morning as most mlps are fractionally lower. Regency Partners (RGNC) is the lone noteable winner up 25 cents right now. Inergy (NRGY) was down 1 on earnings as they sell the news but the losses have been cut in half.

The tape has a firm tone to it oddly enough at least at this point of the day and despite the losses so lets see if they can hold that 11k level at the close.

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