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Wednesday, December 05, 2007

I know 200 points on the dow ain't what it used to be but its disheartening to see it up that much and the MLP index is holding on to a paltry half a point gain. Still a plus sign is a plus sign and a few days ago the buyers didn't show up until the afternoon and the index played catch up. We'll see.

Meanwhile Williams (WPZ) Energy Transfer Partners (ETP) and Boardwalk (BWP) are the biggest drags down major fractions. Genesis Partners (GEL) is the biggest winner up 1 even though they are increasing their stock offering by 1 million shares. Oneok (OKS) is also a 1 point winner.

Index just slipped under 297. If i had to bet it closes lower.

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