Middle of the Week

Markets are ticking up slightly this morning. The Dow is up about 1/3 of a percent. The NASDAQ is up only about 2 points, basically flat. One of my favorite mutual fund companies, Third Avenue has announced plans to enter the fray for Instinet's brokerage business. They plan to use mutual fund money to make the purchase. Knowing Third Avenue, this has to be a good deal for them to jump in.