Gains continue to get extended this afternoon. The MLP index is up 1.40. Markwest (MWP) is up 1.65 and over 45 bucks. LIN Energy (LINE) is up 1.50 and off its high of the day. Strong fractional plus signs in many other issues.

Alliance Resource Partners(ALRP) is down a fraction as is Regency Partners (RGNC) and Ferrellgas (FGP), again no news drivers this afternoon.

Some of the General Partners (GP's) have been quietly moving higher. Atlas Holdings is back to 23 and Valero Holdings (VEH) is over 21 and holding as it waits for the Valero (VLO) secondary which i think should be done anytime now. Remember that the secondary is not dilutive here, just Valero (VLO) divesting its holdings.