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Wednesday, December 10, 2008

Up over 8 points on the mlp index at the high of the day; we're up just under 7 right now as the overall market is lower as of this post but getting whipped around. Relative outperformance continues which is a very encouraging sign. Energy stocks also higher but off their highs as well.

Some large percentage moves as Atlas Holdings (AHD) is up 1.76 to just under 6 bucks. Thats a 43% move. DCP Midstream (DPM) was up nearly 2 points at high of the day but has since pulled back; still up another 60 cents to 10.63. 1 point winners include Holly Partners (HEP)Magellan (MMP) Nustar (NS)Natural Resource (NRP) Kinder Morgan (KMP)Enterprise (EPD) Oneok (OKS) Boardwalk (BWP) and Buckeye Partners (BPL).

Only a handful of losers and they are only down small fractions.

Not sure if we are borrowing from the January effect in here but an up day is an up day.

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