Several rally attemps today where they took em back over 13100 but nothing has held so far...and 12950 is the bottom and thats held a couple of times. Lots of tension on the tape as Ed Hart used to say. Meanwhile MLPS are 1 point lower on the index; just under 300. Most issues are down; just a few winners. Holly Partners (HEP) is up 1. Duke Midstream (DPM) Kinder Morgan(KMP) and Nustar (NS) are fractional winners.

Hiland LP (HLND) Atlas Resources (ATN) Calumet (CLMT) Penn Virginia Holdings (PVG) and Buckeye Holdings (BGH) are all down 1 or more. The rest are fractional losers.

Tape is very oversold here...they got to bounce em soon but in bear moves they can stay oversold for a long long time.