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Wednesday, November 09, 2011

We are right at support on the S&P 500. 1220 IS HUGE!!! Right now at 1229 down 46. Nasdaq is down 102 and cutting below important support. The last hour could be a horror show.

The MLP index is also at major support and we could have a sell signal here. The index is down 7 and at the lows of the day.

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