As history shows, AAPL always undercuts Q2 guidance. and in this market, the stock pays big time. Anyway, i was too embarrassed that i even placed a call position(Feb200 yeah right!?) in my last posting... i just didnt see any reason to be bullish, so the sympathy trade cost me $107.
Tomorrow will feel the AAPL effect... no FED cut will bail out bad earnings or guidance... MOT & SYMC both will likely report terrible guidance. MOT is already feeling the heat from BBerrys & iPhones. For SYMC, if no one is selling enough PCs, then no oneʻs buying your useless software.
This band-aide approach by the FED will mean more red ahead... hey that rhymes!