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Thursday, July 10, 2008

Another odd day here. The mlp index is actually higher by half a point after being down 1 earlier. Buckeye (BPL) is back over 40 and up 2 days in a row! Glory! Also leading the charge here are the coal mlps which are up major fractions to 1 point.

Inergy Holdings (NRGP) and Hiland (HLND) are down 1 to 2 points as the biggest losers but there is no volume. Whoops a buy has Hiland now up 2 points.

Dow is swinging back and forth across the unch line but the broader averages are higher so thats a good sign. Hoping for another day of relative outperformance. We need to wait for all the pompous windbags to finish airing out the gas on capitol hill and we can get back to business.

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