Monday, June 05, 2006
Selling has accelerated as the down is now -127 and at the lows of the day. MLPs are not down by much however as the MLP index is off a small fraction here. Fed chairmen headlines hitting the tape adding to volitility. Meanwhile a few more MLPs have turned lower here but still nothing that sets off any alarm bells. DOW -134 as we type. I still think 11000 will be violated.
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joseph cioffi's Source Page - Associated Content
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Was impressed today with XTEX's strength against a brutal market. And the fact they managed to hang on to a good portion of their gains to market's close.
BTW, We bailed out of our KMR positions at 44, a pretty good point for us and certainly good in terms of how it did at the close.
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