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Monday, June 25, 2007

The MLP index traded down to 327.93 but its now at 329.64 and up on the day by .69! Usually it takes a while for this group to catch up when the rest of the market is rallying off a broad selloff. Half the group is up and half still down but if the rally spreads out this afternoon i would look for the ones on the losers list to trim their losses or even go positive by days end.

I'm going to take some pool time here in the hot air in NY...I will post more broadly right after lunch.

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