Yesterday's laggards are playing catch-up; yesterdays leaders are extending their gains...and some of them are nice gains like Valero LP, Plains All American, and Crosstex LP...all up major fractions while the rest are up between 25 and 50 cents...Hiland is down 80 cents on just a few trades and Kinder Morgan Partners and National Resource Partners are down pennies right now.

Still like Regency Partners to resume its uptrend as it sits near its breakout point at 23. Crosstex LP ran to near 38 on Tuesday before the market sell-off took hold. I think it could run back there fairly quickly!