They took em down...and then they took em up. It became obvious that the bearish energy numbers out this morning were priced in so when they came out the energy markets rallied. The MLP index is up 1.50 and is just under 329 and at the high of the day.

Terra Nitrogen (TNH)began one of its sharp corrections again. The stock is down 8 but off its low of the day at 121. Linn Energy (LINE) stopped going down today as it hit a 7%+ yield this morning and is now up near 33. K-Sea (KSP) is up 2 on its deal. Buckeye Holdings (BGH) is over 30 and up over 1. Lots of fractional gains elsewhere.

Constellation Partners (CEP) is down over a point. Fractional losses in Copano (CPNO) Breitbart (BBEP) and Duke Midstream (DPM) among others.

Look for the rally to build after traders digest lunch.