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Thursday, January 21, 2010

You have to love a president who when he opens his mouth can send the market into a sinkhole. The dow is down 210 and mlps have finally given up the ghost and are down 4 points on the index. No surprise since it was just a matter of time. They cant go up every day.

Nustar (NS) Kinder Morgan (KMP) Sunoco Logistics (SXL) and Alliance Resources (ARLP) all down 1 point or more and most mlps are showing strong fractional losses.

A few winers as the Williams Brothers (WMZ,WPZ) are up a few pennies after the big run from Tuesday. Atlas Pipeline Partners (APL) is up near 13 on the Citigroup upgrade. Breitburn LP (BBEP) is up fractionallly at 13.50.

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