Sorry for the posting drought this week, been buying MLPs as they crater from all time highs. The sector as of writing is off 6.6% since last Thursday. Earnings haven’t been great for most MLPs, but they are far from bad. Crude and energy weakness is probably good for volume demand for MLPs (unless crude weakness is from lack of demand). Tax scare is a non-event, but clearly people are viewing the sector differently in light of that scare and may just be moving on to other fixed income hybrid securities to get yield in light of what is viewed as a complex tax problem for owning MLPs and in light of perceived regulatory risk.