Now that the 10 year is under 4.50% i think we are at a point where yields are low enough on bonds and high enough on mlps that unless the market completely unravels, mlps will be able to hold up well. The index is down fractionally with the dow nearly off 200 points here. There are a number of mlps that are higher today including Inergy Holdings which is up 2. Duke Midstream (DPM) Boardwalk (BWP) Eagle Rock (EROC) Penn Virginia Holdings (PVG) and Legacy (LGCY)

Markwest Hydrocarbon (MWP) is down 1 and change. Buckeye Holdings (BGH), Oneok (OKS) Atlas Pipeline (APL) E V Partners (EVE) among others down fractionally.

Got my eyes wide open here but i have a feeling we could bottom during lunchtime and rally back later this afternoon.