The 295 level appears to be the line in the sand. We got down to 294.40 and we are now back above 295. Linn Energy (LINE) is actually rallying today (be still our hearts with 2 hours to go). Also Penn Virginia Holdings (PVG) traded down under 29 and reversed and is back over 30. Eagle Rock (EROC) is still under water however. Nustar (NS) is down 1.20 and remains the biggest loser so far today.

The winners list has gotten a little longer with Energy Transfer Partners (ETP), Alliance Resource Holdings (AHGP) Constellation Partners (CEP) and Markwest (MWE,MWP) showing fractional gains.