Interesting day so far with the dow down 100 points and the MLP index down nearly 3 as energy is down a bit. Financials however are diverging and are up today. This may be another clue that the pullbacks in here are taking a different flavor. Something to keep an eye on.

Not many mlps are up today; just a few showing small gains. Atlas Energy Resources (ATN) and Martin Midstream (MMLP) showing 50 cent gains. Losers are down mostly less than 1 point. Some of the big boys showing losses on the order of 50 to 75 cents which is depressing the index. No real news drivers out there on the corporate side.