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Tuesday, August 30, 2011

Up 2 then down 2 and now up 2 again as most mlps are higher. Market was down over 100 at one point and up over 50 at another so we are moving back and forth on every headline that crosses apparently. Rates remain substantially lower on the long end with the 10 year under 2.20% which is probably being supportive to mlps given the huge spread and the thirst for yield among investors these days.

Back to backyard cleanup.

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