Lunchtime and we have a 5% 11 point gain on the mlp index as the dow struggles around 9000 although its up by about 140. Oppenheimer is calling a bottom on energy stocks as it upgrades a whole slew of them at these prices. Mlps not among anyone of the blessed but we are not only going along for the ride but we are actually up the same as big oil and gas on a percentage basis.

Kinder Morgan (KMR) is up 3 and Oneok (OKS) up nearly 3 are the midday leaders. 2 point plus signs in Holly (HEP)Sunoco Logistics (SXL) Plains All American (PAA) Kinder Morgan (KMP) Buckeye (BPL) and Enbridge Energy (EEP). Crosstex Energy (XTEX) is up nearly 2 points and thats a big percentage gain there.

Losers are few and not showing much downside. Looks like we make try and take 'em higher this afternoon as volitility comes in a bit.