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Wednesday, December 31, 2008

6 point gain and every mlp and gp except for 2 are higher. Energy Transfer Equity (ETE) and Martin Midstream (MMLP) are the laggards although they have held up better than most in this horror of a year.

Lets hope we carry this rally into January; at least for awhile. We are certainly entitled to it. MLPS performance will be tied to the easing of rates in the junk bond arena. Otherwise we're going no where fast.

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