SO FAR ITS JUST A PULLBACK!

We've opened up and the mlp index is up 1.53 right now around 215. That's coming off a 6 point loss yesterday. We knew pullbacks were in order as discussed over the last week or so. None of this is a surprise really.

Buckeye (BPL) Nustar (NS) Magellan (MMP) and Sunoco Logistics (SXL) are starting off with fractional gains this morning. Most mlps either flat or a little higher with no big movers and no corporate developements to speak of. Crude is up 50 cents after a 2 dollar plus sell off yesterday.

I have my hands full this morning as i started a new job so i will post around lunch time.