MLPS down on the index by 1.50 and the dow is down 40 at this juncture. I think by days end at the rate this tape is going we will be down 2 or 3 hundred on the dow imho. No question that mlps are pricing in distribution cuts in many issues. Constellation Partners (CEP) is down to 6 dollars and small change. Atlas Pipeline (APL) is hovering at 15. Many more mlps are either at or approaching 52 week lows. Only the bigger cap mlps like Kinder Morgan (KMP) Nustar (NS) and Oneok (OKS) among the very few who have held their October 10th climax low bounces.

The patient is flatlining.