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Wednesday, April 11, 2012


Get ready folks. As of this post nat gas is trading at $2.003 so we are just ticks from a one handle and i think we could see selling get pretty ugly in nat gas once that 2 dollar floor pierced. Meanwhile markets are deadcat bouncing right now with the dow up 90 and mlps up 1 and some change. Most mlps are fractionally higher except for Alliance Resource (ARLP) which is above 55 after trading down near 50 just 2 days ago.

Im thinking sellers may try and take control this afternoon after coming back from a healthy lunch. No important news items to speak of today in mlp land.

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