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Monday, December 19, 2005

Its been a death of a thousand cuts today with another slow grinding selloff that takes off fractions. I still think this is a bottom and we should rally nicely from here but my calls tend to be a shade early.

Still new lows in Teppco and Valero LP as tax loss selling or just plain selling continues. Markwest is down 1.31 with no news. In fact except for a few of the closed end funds which are up a few pennies...everything is down today.

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