Mergers Schmergers

Trading was effected today by the announcement that the oil and gas driller Anadarko Petroleum is buying its rivals Kerr-McGee and Western Gas Resources for over $21 billion. As investors weighed the effects of the energy merger, trading dipped. Although trading was up earlier today, it ended slightly down by close, a decline that is NOT expected to last, according to U.S. Market Strategist, Marc Pado. That sounds like a welcome opinion as we're heading into the weekend. Be safe and watch those gas prices! DJIA: -30.02 Nasdaq: -1.51 S&P 500: -1.10