After a higher open mlps are down now with the index off half a point as yields drop today. The overall market has turned lower in relatively slow trading. Inergy LP (NRGY) and El Paso Partners (EPB) lead the losers list down over a point each. However Oneok (OKS) is up over a point and Sunoco Logistics (SXL) and Nustar (NS) are solid winners. Bear in mind that Nustar lost nearly 3 dollars on Friday.

The action overall is still like watching paint dry but with a downward bias.