When corrections are underway they can be painful and grinding and just not fun. But it is wise during this time to perhaps find the ones that are outperforming so when the next upleg begins you might have the next leaders. In the interest of disclosure I own all three. But of all the charts of MLPS...and if you are a chart reader. These three look so much better than the others.

Energy Transfer Partners (ETP) probably is the best looking as it seems to be emerging out of a basing pattern. The other two (Magellan Midstream MMP, and Sunoco Logistics SXL) still look like they are working through their bases. These three do not have that "still in a downtrend look that so many in the group have.

Anyway Food for thought.