Well even 190K in 15 min before close right before earnings makes you wonder, doesn't it? It was still a steep, fast slide down. I think the FED cuts .25 as expected and the greedy market interprets it as "not enough" and sells off after a brief pop up. Rememeber the last rate cut they were anticipating .25 and got .50 and that was the reason for the rally. I don't think the FED will do that this time because Ben does not want to appear to be kow-towing to Markets. JMO
this stock has been so hot, any manager worth his salt would lock in some profits..sales, margins, and outlook will be scrutinized with a eyeglass tomorrow..with retail down/off slightly in US, Grmn is killing it overseas...Isold some this aft. Since we are priced for perfection, I would think she might get hit a little...Ill be buying if it gets hit hard as it is still the best in the business...the quarter point rate cut will cause some negativity as greedy market needs a 50 basis point fix.