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Tuesday, March 08, 2011

Atlas LP (AHD) formerly Atlas Holdings (AHD) is roaring up 2.50 today and over 20 bucks as it continues to move on the selling of assets yesterday to James River. Atlas Pipeline Partners (APL) is up just short of a point as it moves in sympathy. Otherwise MLPS are lower today by 2.50 points on the index led down by Plains All American (PAA) which is down 1.80 on its stock offering. Cheniere Energy Partners (CQP) is down just under a point. No news there. And most mlps are down fractionally today.

The market is doing quite well as energy gets sold off today and interest rates climb. The dow is up 140. And nat gas is up now as it reverses from being up pre open and then down at the open. Bottom?????? Or are we trying to pull a rabbit out of a hat?

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