Some news this afternoon..Atlas Pipeline Partners(APL) completes its purchase from Anandarko...it had been delayed 2 weeks ago but all problems were solved. It also repeated guidance regarding future distributions. Also Penn Virginia Holdings(PVG) announces an increase in its distribution. Magellan Midstream Partners (MMP)boosts its distribution and so does Magellan Midstream Holdings (MGG).

The MLP index is down 4 points but its off the lows and remember there are ex-distributions in here today distorting the selloff.

Markets are well off their lows with the dow down (just) 92 points. Energy is rallying and Natural gas is back over 6 dollars. Could be the bottom is in?