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Tuesday, January 03, 2012

Since 11am the tape has gotten a bit heavy with a negative tick which may mean sellers may lean into this rally this afternoon. We are already off the highs of the day. MLPS broke out to a 3 point gain and new all time highs but the gain is down to a fraction now.

Dow was up 260 now up 210. Nasdaq was up 60 now up 45.

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