I agree. I was just answering his question on why it was dropping today. Like I said, not long or short. This is nothing compared to drop if they have bad earnings report. That said, good earnings report will shoot this to $125 - $135.
The usual. Guy goes short. Guy writes article saying Apple. Google, or Amazon MAY, I repeat MAY, not even MAY, hypothesizes they would be a good fit to buy Time Warner. Investors overreact to made up story. Pretty Simple actually. I'm not long or short, but it always make me laugh how easy it is for people in the know to print money.
May never rebuy if he made $45000. Some people never make that much money in stocks in their lives. As for dips, I would at least wait to see reaction to fed tomorrow, just in case it kills the market.