Currency isn't as minor an issue as you'd like to believe. FX took about 10 mil off revs and knocked a couple cents off earnings.
Add in a recession in Europe, a China slowdown, contagion, and who knows what else, there's no basis for near-term bullishness.
Not to mention the short that's out on this stock. They have a lot of money power.
You can make an argument that the stock is oversold, but I never argue with the tape. I took my gamble on good earnings, lost, got out. Done.
I'll tell you something else: I didn't like the fact that they bumped up the earnings schedule, as if earnings were going to be great; and I didn't like that PayPal announcement this a.m., again intimating great earnings. My mistrust of management has grown. I'll trade the stock, but as a long-term investment, I'll watch from the bleachers. Show me a blowout q and reconsider.