GENERAL MARKET
Still falling. Someone noted we needed 5 more days of triple digit falls to bottom out. I think it might take until the election to bottom out myself IMHO. Well, my puts are still on fire... i wonder how bad my 401K/403b are... Anyway, its not like i will see any of this money any time soon.
AAPL
MacBook/MacBook Pro announcement this coming tuesday is bolstering the stock. It seems their is somewhat of a flight to quality as well. The rich can still afford to buy Apple goods. And with the prospect of Apple offering an initial MacBook price point of $800 is strategically the correct move. They actually announced that margins will be lowered with the next product cycle. But my guestimate is that components will actually get cheaper out of oversupply and the slowing economy in general. So, in the whole big picture of things... Apple is a money making machine. Outside of the iPod/MP3 space, they are nowhere near in saturating the worldwide PC/Laptop/Smartphone space. There is a distinct shift happening. Apple itself looks stable, but i still venture to say that their huge numbers in Laptop/iPhone sales will not prevent the stock from taking a hit related to their usual earnings guidance (or 'underguidance')...
EARNINGS LISTING
I have posted selected stock listings again on the main screen... this past week has been more of shooting fish in barrel for the bears, while bulls are nowhere to be found except in the handful of quality stocks with incredible growth prospects against the slowing economy (i.e. AAPL).
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