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Wednesday, August 03, 2011

BTW this might be a good time to remind you that, at least in the past, mlps are the last group to sell off in a downleg so when they start dumping mlps it usually means we are close to a tradable bottom. However this strategy did not work well in 2008 when we were circling the drain. MLPS down over 3 points on the index right now.

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