DJIA 11000
By Johns Wu on Jan 09, 2006
Today was a clean day for Wall Street as the DJIA rallied to close above 11000, a significant psychological number.
Investors were watching closely today to see if the DJIA would join its brothers (ie $NYA and $COMPQ) in yearly blue-skies territory. I really think that this strong close will strengthen investor confidence and pump some more capital into the markets and possibly ignite a quick bull run.
I guarantee you will hear about the DJIA’s 11000 close on tonights news. By the way, I like this resource on Stockcharts that displays important index and sector charts.
4 Responses to “DJIA 11000”
Hey JWU,
Just curious how are you playing this. Are you going long or are taking some money off the table?
thanks dan!
john, i’m long on QQQQ calls right now.. i’m hoping we will see a small bull run in the coming days.
hi bull
What do you think of gold prices?
Im thinking of going long NG
check the breakout today! on heavy vol
would appreciate your analysis with a chart
Also long AEY, nice breakout too
do ur dd on these bud
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I like your blog!
Its realy usefull and i like your comentary and links!
Good job!!!