Gainers are beginning to get some footing here in mid afternoon...the MLP index is now up 21 cents while the rest of the market does nothing much. Oneok LP (OKS) Buckeye Partners (BPL) and Buckeye Holdings (BGH) showing nice fractional gains. Hiland LP (HLND) also a winner today. Calumet was down nearly 2 points earlier is now up on the day.

Just took a long position in E.V.Energy Partners (EVEP) which announced its distribution today at 40 cents or at 6.9% but it is priced to yield over 8% when you look at the pre-announced q1 of 46 cents or 1.84 annual. This could be another LINE distribution distortion and could head for the upper 20s by the end of q1. IMHO of course!