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Friday, December 02, 2011

We have rumours flying that Spain will be downgraded after Europe closes. The euro is down to 1.338 from 1.35.5 earlier today. Also congress is getting a bill ready to stop the IMF from lending money for a euro bailout. Here we are off the highs with the dow up 75 right now. The mlp index is up just under 2 points. Kinder Morgan (KMP) hits another all time high and nearing 80 bucks. Enbridge is down 1 and change on its equity offering.

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