Good Morning!
Its perhaps a little less ugly this morning than it was but the tape is heavy. And since we don't have any drivers this morning in corporate news or upgrades I guess we trade with everyone else. At some point we should see a sharp snapback rally but who knows when that gets underway.

The group is down but not as much as the rest of the market which is a small consolation. Meanwhile above are the 1 year and 10 year charts of the MLP index (AMZ) and note the period on the 10 year from 2000-2002 when we had the big market sell-off and the last recession. MLPS did very well especially in 01-02.