The mlp index is up nearly 2 as we head into afternoon trading as the dow flirts with 12,000K and 1300 on the S&P. Critical levels and by coincidence all coming to a head at 2:15 with the fed.

Alliance Resource Partners (ARLP) is up nearly 2 and Alliance Holdings (AHGP) is up 1. Nice fractional gains in Penn Virginia Resource (PVR), Natural Resource Partners (NRP) Cheaspeake Midstream (CHKM), and Martin Midstream (MMLP). Buckeye Partners (BPL) Holly Partners (HEP) and Amerigas (APU) lead the losers down a half a buck or more.

Magic time at 2:15pm.