Well i guess it was a good morning to spend at the beach. The dow is down 300 plus points and the MLP index is down 6 to 330. Lets start by getting the up MLPS out of the way. Calumet Specialty Products (CLMT) is up 35 cents and Regency Partners (RGNC) is up a few pennies and thats it. 2 up 65 down. And some of the losers are down amounts you don't usually see in this group. Alliance Resource (ARLP) is down 3. Penn Virginia Holdings (PVR) Natural Resource (NRP) Hiland Holdings (HPGP) Energy Transfer Partners (ETP) Atlas Holdings (AHD) Holly Partners (HEP) and EV Partners (EVEP) all down 2 or more. And the list of 1 point minuses is a mile long.

If you were looking for bargains there are a lot out there cheaper today than yesterday.