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Friday, August 26, 2005

Heading into the close...unispired trading..on wilting volume. I did notice btw that put call ratios on the indexes and equities were at very high pessimistic levels...2 puts for every call on the indexes and 1-1 on equities. I don't know if these numbers mean anything anymore but i put it out there for you to decide.

A couple of news headlines...Buckeye Partners files to put 795 million on the shelf of mixed securites...bulletin. no story yet but the sec s-e filing is here.

Also Kinder Morgan gets an order to inspect its pipelines from the government. Doesn't seem to be a big deal. Stock is off a small fraction.

Hiland Partners is up 1 and change. Normally it trades appointment only but its actually doing it on twice the average daily volume. No news at this time.

Dow and Oils selling off into the close...another summer weekend...next to last before labor day.

Travers day at Saratoga...I like Reverberate since he'll be a price... but i am also a big fan of Bellamy Road!

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