Once they let the air out of the bond market it seems everything took gas although they seem to be trying to contain the losses here...we'll see if it works. So much for the Valero triple bottom reversal as it is today's biggest loser among the LP'sdown 1 to 49.05...and we have fractional losses in Crosstex LP, Buckeye, Plains All American, Energy Transfer Equity, Crosstex (XTXI) and a few others.

As of this typing Copano is up 50 cents on a whopping 700 shares traded...last trade was 400 at 44.39 so if somebody sells 100 we'll be down. Calumet Products LP which we pointed out this morning continues higher up another 68 cents. A few in the group are straddling unchanged at the moment.

Holiday week next week with Passover/Holy Week etc. Earnings from Energy Transfer Partners should be announced.