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I haven't thought earnings were bad, although I do think the market feels considerably overbought in the very short term. Feels like there is a lot of afternoon buying and then into the close (funds buying with new inflows, perhaps?)
On the other hand, as much as people raised an upset over Facebook, I think way more retail money was lost in the Apple drop from $700 to $440 with people who got in towards that $650-700 mark, as analysts all talked about how it was going to $1,000.
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On the other hand, as much as people raised an upset over Facebook, I think way more retail money was lost in the Apple drop from $700 to $440 with people who got in towards that $650-700 mark, as analysts all talked about how it was going to $1,000.