General Electric (GE) i think sent a signal yesterday that MLPS are cheap. Regency (RGNC) which was up 4 yesterday is up another 3 points to 33 today. The MLP index is up half a point and closing in on the 330 level again. Magellan Holdings (MGG),Genesis (GEL),Enterprise Equity (EPE) and Universal Compression (UCLP) up major fractions. Universal is doing a private placement of equity...so is Duke Midstream (DPM) and so is Plains All American (PAA). Duke is up 25 cents...Plains is down 25 cents.

On the losing side, Constellation (CEP) and Holly Partners (HEP) are down about 60 to 70 cents apiece as the 2 biggest losers. Smaller fractional loses in a few other issues but nothing really news driven.