Dow down 150 ish at the low and mlps down nearly 2 but there has been a big turnaround and mlps are now flat with the dow down 40. Nasdaq is positive.

5 minutes before the open a rush of buy orders hit the tape and Alliance Resource Partners (ARLP) opened up 2 and change at 42. It had the look of an upgrade but i did not see anything on the tape. Stock is up 1 and is the biggest mlp winner today. Natural Resource (NRP) Penn Virginia Resource (PVR) and Martin Midstream (MMLP) among the fractional winners.

Not many losers of note. Boardwalk (BWP) is down 35 cents and Nustar (NS) is down about 30 cents..among the dwindling list of losers.

Big rebalancing going on today with the S&P 500 as Bershire B stock gets added in so managers have to sell other things to get that all straightened out. So we are dealing with some distortions on top of the news. Crude down but nat gas up on respective inventory figures.