The market fell apart after 10:30 with the dow dropping almost 200 in a hurry. MLPS followed but they are only down 2.50 at this point and off the lows. Frankly its one of those sharp pullbacks in a bull move and the mlp index continues to behave pretty well in my view. Still holding above the moving average support.

Plains All American did a note offering but S&P had some nice things to say about their debt situation and the mlp is up a quarter among the few winners today. Nustar (NS) Markwest (MWE) and Penn Virginia Holdings (PVG) are down strong fractions to a point among the leading losers today.

Nat gas is shooting for down 18 out of 19. Nothing new here.