I think 75-76 is reachable near term. I am long nov 60's calls and intend to get out today! Was here 3 weeks ago, before we all got slapped around for two weeks, but this time I don't have the luxury of waiting out another down draft ie: market downturn
employment numbers (I think) out friday, fed meets in two weeks, interest rate concerns will resurface any day now
long term i think LLY looks good after making 3 lows around 62. good luck!!
Analysts said the possible combination of the fifth-biggest and ninth-biggest U.S. drugmakers could be the start of a new round of mergers in the $300 billion industry. ``This may start the next stage of consolidation and get the drug stocks running again,''