DOW 7,336.44 -59.26
NASDAQ 1,462.11 +0.00
SP500 773.60 -4.52
Market opened down. This morning looks like a window to buy at slightly better prices.
News that IBM may purchase Sun Microsystems may be the start of the consolidation (M&A) activity that is useful in bringing higher prices. Am waiting for this to happen with the junior miners being bought by the large producing miners.
XOM 67.685 -1.405. Large weighting of XLE.
XLE 42.68 -0.80. Bought this morning at 42.66.
TNA 16.05 +0.00. Bought at 15.8.
BGU 21.33 -0.302.
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