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Dow Just Crossed 9,000

The Dow Jones finally crossed the 9,000 mark, putting us back to January levels. Existing home sales ticked up another 3%. We need the S&P 500 to cross 1,000 and this correction might be complete.

I bought $1k worth of JNJ Aug 60 calls. Being patient and waiting for the stock to cross 60, it’s currently at $59.92 with a solid ceiling at 60. It if crosses look for an awesome break out.

Quick update for now. I’ll fully update at the end of day.

-Nik

This entry was posted on Thursday, July 23rd, 2009 at 9:39 AM and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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