While the selloff in the energy complex accellerates some weakness has spread into MLPS as the index is now down 23 cents. More losers than winners and a few in the group that were positive have turned negative...but nothing stands out to painfully. Crosstex LP (XTEX) is the biggest loser down 54 cents while TC Piplines is up nearly a dollar on top of last Friday's 2 dollar gain.

With year end tax selling and all the other nonsense going on i'm looking to see what could be a candidate for a tax selling bounce when its all said and done. Alliance Resource Partners (ARLP) has been in a trading range and has showed some weakness recently. Alliance Holdings (AHGP) also is down from 26 to 19 and change and could be a bounce prospect.





And while not an MLP i am thinking of buying some Arch Coal (ACI) options...the January 35 call is on my radar but i won't pull the trigger unless they drop to a nickle. Then i may take a dice roll. As always no guarantees from the management but we keep trying!