Thursday, June 25, 2009

Thur 6-25-09

Dow 8,472.40 +172.54 (2.08%)
S&P 500 920.27 +19.33 (2.15%)
Nasdaq 1,829.54 +37.20 (2.08%)
10y bond 3.68% +0.05 (1.38%)

The day after Fed meeting. All index up about 2%. next week may have half year window dressing. May build Aug, Sep put spread in that period.

QQQQ may reach 37 and SPY may 94.

Major blue not move a lot, but small cap up a lot.
Reduce 401K and will continue in next week. Until reach 10%

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