and yet is sold-off because guidance was below expectations. AMZN did pretty good too, also sold-off in AH, which doesn't always mean much, but it means something.
I write in my last post that the bulls needed to put in a strong showing the rest of the afternoon, I'd say they fell short. As such, I closed some positions or at least thinned them out. Sold GNK outright to protect some profit. I also sold half on my MOT position I bought earlier at $9.25-sold at $9.57. That big volume at the end spooked me a bit.
I guess we'll know more in the am, but it sure feels like more pullback the rest of the week. Maybe earnings in the am will turn things around a bit. It also seems like the sentiment regarding the financials is starting to sour again.
Wednesday, April 23, 2008
AAPL Beats Expectations
Posted by Brandt at 11:09 PM
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