Wally the mkt rallied early in last week on good to decent results, the quesstion now is if the remainder of the earnings donot come in as per mkt expectations there will be a nasty reversal. Besides the mkt being way overvalued the fact that yesterday a short drop brought in the dip buyers also indicates that a drop downwards could be a limited one. The wild card is europe and any indication that europe is headed into a recession could send the mkt into a tailspin and these fears are very much on investors mind. Too much hope is built into AAPL and could disappoint. Expectation is that 30mln iphones should have sold in the DEC qtr so we will find out today. goodluck.
Walley, let's not wish any undo pain on them this year. They are going to find it for themselves. Stupid kids with their Ivy League MBA's and their 168 variable spreadsheets can't figure out why Intel isn't playing the range trading game anymore.
Here's two more variables for them for this year, pain and horror.