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Monday, March 30, 2009

MLPS are down 2 1/2% on the index; just under 5 points. The DOW is down 270 or 3 1/2% so we have relative outperformance. Dow is sitting at 7500 as of this post. Atlas Pipeline Partners (APL) and Cheniere LP (CQP) are the only 2 mlps up small fractions and they are both under 5 bucks anyway. Everything else is down and a number of mlps are shedding between 75 cents and a buck and a half. No corporate news.

The GM mess overhangs today so lets continue to chew through the mess.

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