Financials and MLPS moving in tandem today with the mlp index down 4 points at 212. Both groups have had big moves so no suprise that we are getting a correction in here. Only a handful of mlps are up..the rest are down. 1 point plus losers include Inergy Holdings (NRGP) which as been among the best performers in the group. Linn Energy (LINE) is chewing through a public offering of shares so its also down 1 and some change.

Crude remains higher but off the highs and big energy stocks are holding up better in here. But if we are going to see the selloff expand this afternoon i would expect these groups will also give up the ghost in here. Dow is down 29 points.