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Monday, November 07, 2011

Markets are mostly higher after the latest version of the world ending seems to be in a holding pattern (yet again). MLPS are down on the index by a point and some pennies. The group appears mixed. Sunoco Logsitics (SXL) trades above 100 bucks a share now and traded over 101. Its down 30 cents on the day. Global Partners (GLP) is the biggest loser down 75 cents. Martin Midstream (MMLP) is the biggest winner of the day up 62 cents.

The VIX is up today by over 1 point which might mean that this rally won't hold. But the tape seems to be fighting every attempt to break it down.

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