Down nearly 6 on the MLP index with the volitility index approaching 31. Its throw them all out the window time. Watch for broken glass. Only 1 mlp is up and thats Calumet Specialty Products (CLMT) which is up 6 cents. 2 gps are unchanged Hiland Group Holdings (HPGP) and Inergy Holdings (NRGP) and those trade by appointment only anyway. The rest are down. 1 point plus losers include Nustar (NS) Energy Transfer Partners (ETP) Natural Resource (NRP) Holly Partners (HEP) Plains All American (PAA) EV Partners (EVEP) Penn Virginia Holdings (PVG) Kinder Morgan (KMP) and Oneok (OKS). Lots of fractional losers on the board as well.

The bear growls but this is the kind of action that could open a door for some sort of rally. We are still above 262.18 on the mlp index but it could get tenious.