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Monday, July 28, 2008

The dow is down 200 points. Everything is down including big energy stocks which were firm but have now rolled over. MLPS however are at the highs of the day now with the index up 1.28% @ 267.82 as we continue to slowly distance ourselves from the bottoms of the last 2 weeks. Of course we had an 8 point up day last Monday only to see most of it evaporate by the end of the week. Still it is strange to see a divergence like this. Watching the situation carefully.

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