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Thursday, September 29, 2011

After the initial push down around 10:30 the market stablized...ran back to 11,200 and another lean into the rally begain at 12:30pm so we're near the lows of the day but still up 130. Nasdaq is down 6 as it nears its lows of the days. MLPS are up 2 and change after selling down almost to unchanged. I still think that there will pressure into this rally this afternoon. If 11,100 doesn't hold we could see selling really accelerate.

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