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Friday, December 17, 2010


Quite a week in the interest rate markets and while the overall market pretty much shrugged it off, MLPS did not and they have sold off about 2% so far. A bit of a reversal is in play this morning but the spike on the charts is still intact. Still the move is entitled to a pullback here and at worst i think is a pull back to the moving averages.

Not much happening so far this morning with no upgrades or downgrades to speak of. No corporate headlines to speak of. So this might be another watch your paint dry kind of day. I will keep an eye on things as i run some errands this morning and finish up Christmas shopping. And speaking of shopping don't forget the Amazon banner above for your convenience..and many thanks to those of you who have used it to shop!!! I appreciate it very much.

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