MLPS are behaving well overall today with the index which was down nearly 1 point early...it has turned higher and is now up .75 and its closing in on the 300 level. Still there are some one point plus losers like Linn Energy (LINE) E V Partners (EVEP)Copano (CPNO) and Breitburn (BBEP) but lately losses do get cut in the last hour or so. Buckeye (BPL) Enbridge Energy Partners (EEP) and Kinder Morgan Partners (KMP) are showing nice fractional gains and they are big components of the MLP index.

Action is looking bullish as we are seeing follow through to Friday's nice gain.