Lunchtime and fed waiting...MLPS mostly higher with Copano Energy, Teppco, Holly Partners and a few others up major fractions. I would have thought Copano would be up 2 or 3 points on its earnings and outlook but sometimes it takes a day or 2 for the market to digest the stuff. Oneok LP and Duke Midstream are down fractions today with no news driving them.

Tortoise Energy is offering some shares and the market is offering them now a dollar lower than yesterday.

Waiting for the fed...its sideways until then.