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Wednesday, May 27, 2009

One of the interesting developements in this rally phase is watching how mlp's behave during sell offs. They tend to outperform on a relative strength basis and this is a very good sign. Now after a day like today where the dow sells off 180 points we will probably play a little catch up tomorrow. Also interesting today is the fact that crude did not sell off with the market. And nat gas closed unchanged on the day.

Watching for any headlines after the close.

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