You have to wonder when the sheep will start a massive run to the exits. The hedgies will test the futures with some short algo scenarios before they take this market down. It's how they get on the right side of the trade no matter how bad the quarter is. Wink wink.
Goog missed revenue......IBM missed revenue....pretty much been the story so far. By keep holding cat long, I'm sure they will make it through this mess unscathed.