An adviser to the real-estate mogul and reality TV star circulated a cryptic
advisory Wednesday night that The Donald will make “a major announcement” early
Thursday afternoon local time at the Trump International Hotel & Tower in
Las Vegas. “The announcement will pertain to the presidential race,” Trump
adviser Michael Cohen wrote in an email.

Will he run? Or will be endorse? And if he endorses, who would he pick? Mr.
Trump could throw his weight behind an insurgent — Newt Gingrich
or Rick Santorum. Or he could go with the
establishment pick — Mitt Romney. Given his back-and-forth with
Ron Paul, it seems unlikely he’d back the Texas congressman. Or
maybe he, too, will sound a Herman Cain-esque endorsement of
“the people.”

Mr. Trump loves to keep people guessing — and elbowing his way into the
headlines. Perhaps the best question, if he’s not throwing his hat in the ring,
is whether the candidate who receives his endorsement actually wants his
backing.

“I have no idea what The Donald is going to do,” Mr. Gingrich said. “He is
always interesting, and I don’t know of anybody who does a better job of getting
attention by announcing that he will presently announce something.”