Oneok (OKS) and Energy Transfer (ETP) are the 2 biggest drags on the MLP index which has been holding down about .75 but there are actually more MLPS and GP's up today than down. Markwest Energy (MWE) and Markwest Hydrocarbobn (MWP) are up 1 and some change and both are near 52 week highs! Sunoco Logistics (SXL) is up nearly 1 point and we have a number of fractional winners like Holly Partners (HEP) T C Pipelines (TCLP) Martin Midstream (MMLP) Willams Partners (WPZ) and Buckeye Holdings (BGH).

Joining the losers list with the above mentioned are DCP Midstream down 1. Breitburn (BBEP), Linn Energy (LINE) and Genesis (GEL) down major fractions.

In the strange trading department Boardwalk (BWP) is down about 50 cents since the pre-open..no news there. E V Partners opened up 2.54, then dropped to 31.33 and now sits near 32; flat on the day.

Oil is down nearly 3 dollars at around 95 bucks on recession worries. The overall market opened up 80; then was down 60 and looking into the abyss. Even the AG stocks were going down. Then it turned higher by 80 again. Now up just 17. Who knows.