Wednesday, May 19, 2010
Down nearly 13 with mlps getting blown out of portfolios. Dow down 180. Buckeye Partners (BPL) and Alliance Resource (ARLP) are both down over 3 dollars as the leading losers. Lots of 2 point losers strewn across the wreckage. Everything is down. S&P 500 broke the 200 day here which cause the selling to accelerate. Not good here boys. The MLP 200 day is at 279.27 and we are here!!!
If the attention is on Europe, the euro is now rallying strongly up over 1 cent at 1.23 and some change.
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