MLP index down 9 points and traded as low as 211. Energy Transfer Partners (ETP) down 5 dollars at one point. Kinder Morgan (KMP) down 2 and change. Throwing them out the window at any price with the VIX index spiking to 42.

Rallying back now to minus 7 as the market is staging a serious attempt here to bottom. BTW it was 13 months ago on options expiration when the fed shocked everyone including all the short sellers by doing an emergency rate cut 2 days after the meeting and destroyed many short sellers. Tomorrow is options expiration. Maybe a co-ordinated world wide central bank rate cut?