The big news this morning is Dell aquiring Perot Systems. As you might expect, Perot is up significantly this morning and Dell is down quite a bit. We are seeing an increase in M&A activity in the past few weeks; this may indicate some freeing up of the credit markets.
We are looking at some put purchases this morning, since this looks like it will be a down day. LVS and WYNN are stocks we are considering.
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