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Thursday, March 17, 2011

Nat gas is taking off after the inventory numbers which were taken bullish. Its up 3.5% and over 4 bucks again. Looks like a rounding bottom here which appears tradeable but as always with nat gas, one should trade cautiously.

MLPS at the highs of the day up over 3 points which pretty much wipes out the 7 point loss from 2 days ago. Alliance Resource (ARLP) is up 2 points plus. Atlas Pipeline (APL) is up 1.55 and nearing 34 and EV Partners (EVEP) is up over 1 as the groups biggest winners today. Nothing noteable on the downside except for Natural Resource Partners (NRP) which is down 2 and change on its stock offering.

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