Oil is in a parabolic super spike here up nearly 7 dollars; the dow down 260 and MLPS are unchanged! Glory!

Nustar (NS), Magellan (MMP) Linn Energy (LINE) Boardwalk (BWP) Hiland (HLND) Plains All American (PAA) and Constellation (CEP) all fractional winners among others. Constellation (CEP) is breaking out of a cup and handle formation and is doing it on volume.

Losers are relatively contained so far but if this market sell off gets out of hand this afternoon i think we might see the selling spread into the energy stocks which in some instances has begun. So eyes are on the tape.