MLPS showing excellent outperformance and the index is approaching a 7 point gain which gets back all of yesterday's loss. Buckeye (BPL) EV Partners (EVEP) Alliance Resource (ARLP) Magellan (MMP) Teppco (TPP) and Nustar (NS) join the list of one point plus winners. The dow is approaching the high of the day up 133 as of this post.

The outperformance here is extremely encouraging and it has been the case since just after Christmas. Since the last trip down to 8000 the mlp index is 20 points higher. That is a nice positive divergence.