The FED takes away the tightening bias in the statement and the market takes off and MLPS are going along for the ride. Up more than one on the index and at new all time highs as we near the 311 mark. First off the downgrade losers today..Duke Midstream (DPM) down 1 and change and Regency (RGNC) down about 50 cents....the rest of the losers is short with losses confined to small fractions or just pennies...the winners list is long with fractional gains. Suburban Propane is up just under the point as the days big winner.

Blogging is a little light today as i had to run around in Manhattan for awhile.