The MLP index is off its lows and now down just 0.33 at just under 268. There are still a few ex-distributions going on and Kinder Morgan Partners (KMP) is weighing it down right now...off 33 cents. Still there are some nice winners today. Valero LP got the buy upgrade from Citi-group and the stock is up 1.34 at 55.50! Earnings drove Natural Resource Partners up 2 bucks at the open but it has pulled back to flat. I took a position here in the low 51 area. Markwest Hydrocarobon is ripping higher up 1 and change...so much for the pullback. Some decent fractional gains in a few issues including Crosstex Energy (XTEX) Enbridige (EEP),Regency Partners (RGNC) and Atlas Pipeline Partners (APL).

Valero Holdings (VEH) finally joined Valero LP (VLI) and has moved higher to 21.50 after sitting forever near 20. And while Atlas Pipeline Partners has broken out to new highs Atlas Holdings (APL) the GP has gone the other way. I can't figure out why but if this one should at least move up with the LP. Some catch-up is due here.