Lunchtime and MLPS are lower...some sharply. More ex-distributions going on and some selling as well. The index is down just shy of 2 points near 267. Crosstex LP (XTEX) is up nicely...75 cents and is one of the few winners. This one is ex-dis by 55 cents. Boardwalk Partners is up 50 cents after being up over 1 earlier and we have some others up by just pennies.

Downside we have Copano which is 75 cents ex-dis...stock down 1 and change. Natural Resource Partners (NRP) is down over 2 being ex-distribution and the Citigroup downgrade. Lots of fractional losers elsehwhere including Kinder Morgan Partners (KMP), Atlas Pipeline Partners (APL) on the lack of a distribution increase, Valero LP (VLI) is down 20 cents on a distribution increase but a cautious 4th quarter outlook.

Remember folks its end of the year for Mutual Funds so there are probably distortions all over the place today and tomorrow.