Linn Energy has been in a very tight range for 2 weeks now. I think this may have another up-leg with the moving averages holding as support. Watching carefully as buying these after an up move are never easy. But the consolidation is encouraging

Meanwhile we're following oil down with crude off nearly 2 bucks. Still not too bad though with the MLP index down .70. Buckeye Parnters(BPL), Boardwalk Partners (BWP), Markwest Energy (MWE) leading the way down fractions although off the lows. Valero LP (VLI) and E V Partners are leading the way higher with fractional gains. Hiland (HLND) down 90 cents on earnigns but no volume behind the selling.

Not much else driving here although the overall market is firming and off its lows as well. We'll see if that helps to move the group.