Boring just about sums up today's trading activity. After trading flat to down all day, the Dow and Nasdaq bounced back to close basically unchanged.

DJIA: 10959.87, down 2.49
S&P 500: 1287.61, up 1.55
Nasdaq Composite: 2317.00, up 0.40

The most interesting news of the day did not receive much attention, and this is the news of credit card giant Mastercard going public sometime in 2006. I will be keeping an eye on this one because I think the long profit potential from this IPO could be substantial. If you happen to hear when Mastercard is going public, please post a comment on the website.

In other news today, Tyco International announced they were splitting into 3 companies, and the stock dropped 3 dollars after warning that results will miss analysts forecasts.

Tyco (TYC) could be another profitable play since spinoffs have had outstanding track records (IE- Zimmer (from BMY), Medco (from MRK), Genworth (from GE)).