The mlp index broke through the 340 level and is sitting right on it as lunch is underway. News related movers, Atlas Pipeline Partners (APL) and Atlas Holdings (AHD) initial took some selling on the delay of the Anandarko purchase but they both are well off their lows with just fractional losses. Energy Transfer Partners (ETP)and Energy Transfer Equity (ETE) are fractional losers on last nights earnings news.

Global Partners(GLP) and Constellation Partners (CEP) are up a point apiece as the biggest winners. Lots of fractional winners on the board in many issues. Losers today include Suburban Propane (SPH) and Ferrellgas (FGP) both losing major fractions. Other losers were generally shedding 25 cents or less.

Sold out my nat gas options this morning at a nice profit. Out of UNG as well with a nice piece of change. On the sidelines waiting for another entry point.