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Duke & Duke!

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Exsqueeze me?

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The morning merger activity is dominating the trading chatter as we edge into today's trading. I'm watching the transports and brokers as sentiment tells in this regard. There's a big tug-o-war at S&P 1000 and if the bulls can toe the line, S&P 1015ish (June high) is the next logical test.

Again, the brokers hold the key and, after the recent pullback, an initial try higher (on the M&A) wouldn't shock me.

I'll be back

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position in gs, bsc, mwd, spx
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