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Friday, October 27, 2006

If it weren't for all the ex-distributions the MLP index would be up 2 points or more today. Teppco is ex-distribution and is up 1 and change...no news but a ton of volume here. Nearly 450,000 shares have changed hands...3 times normal volume. Something may be going on here. Most other MLPS are higher today even though the broad market is down. The weak GDP number is moving cash to high yielding instruments.

We are closing on a firm note. Will watch for last hour developements

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