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Thursday, January 20, 2011

The mlp index is down over 3 points and Natural Resource Partners (NRP) leads the way down over 2 points on its guidance news. And Alliance Resource Partners (ARLP) is down over 3 points as well perhaps in sympathy. It was down as much as 5 points at the open. Most mlps opened fractionally lower. Kinder Morgan (KMP) is down 14 cents on its earnings.

Markets open relatively weak on the first shot out of the gate. Looking for this pullback to continue as the day wears on.

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