We closed at an all time high on the MLP index even though it sold off slightly in the last half hour...most MLPS held on to their gains. If we see followthrough tomorrow we'll know this breakout is for real and that we are at the beginning of a multimonth uptrend that should carry the index to the 300 level or higher...imho.

Just about all the charts in the group look good when you look at them on a weekly basis..either the stocks have broken out long ago and moved sharply higher like Energy Transfer Partners (ETP) Oneok LP (OKS) and a few others....or they are about to breakout like Crosstex LP (XTEX) and Natural Resource Partners (NRP). As in secular uptrends if this is one...everything goes up but i think the ones that grow their distributions the fastest are the ones that will go up the most.