Markets are solidly lower at lunchtime and MLPS are going along for the ride. Dow down 140. MLP index down 2.50. Plains All Amercan (PAA) Alliance Resource (ARLP) and Sunoco Logistics (SXL) are leading the index lower down 1 point or more. Most mlps are fractionally lower today.

Legacy(LGCY) is still up nearly 3 on a 14 dollar offer to go private. Atlas Pipeline Partner (APL) is up 40 cents or nearly 9% today. No news there but the stock has been acting a little better since it did that restructuring think last week with Atlas Resource (ATN). Hiland Partners (HLND) and Hiland Holdings (HPGP) showing small upticks as they have an offer on the table since late January.

I suppose a sell off was in order here as we topped 8000. Lets see where it takes us but the tape feels better in here than in other sell offs we've seen.