Sorry for the lack of posts today...been busy with work and the doctor etc etc etc. Anyway MLPS continue to show relative strength against the rest of energy. The XOI was at one point up 16 and is now down 4...very disheartening for them. The MLP index is still holding on the a quarter point gain. Except for Energy Transfer Partners (ETP) which is down nearly 80 cents...the few losers are down 20 cents or less. In fact most of the group is either flat or fractionally higher.

No breaking developements this afternoon so will wait until after the close. I am expecting a distribution announcement from Linn Energy (LINE) any time now. BTW i just want to add that crude was down nearly 2 dollars to just above 52 bucks. The XOI actually has shown some relative strength to crude so i think that oil should be nearing a floor around 50 bucks..which i guess is logical...which means i'll be wrong! I may get interested in Exxon if it breaks under 70.