Monday, November 26, 2007
Well we have only had 3 up days this month and baring a miracle today won't be 4. In fact the MLP index is sinking to the lows of the day and if the market implodes in the last hour we might even take out all of Friday's gain. Add Atlas Holdings (AHD) and Buckeye (BPL) to the 1 point losers list. All this while the 10 year rate implodes to 3.87%. So the bond market appears to be discounting the end of the world.
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