10-12-2012, 11:49 AM
Well I have been wrong about apple almost everytime. But I still see it as a bubble. Competative pressures have to impact profit margins in the long run. Its the rule.....
As to the whole market, I would like to see some more dropage. I still think it needs a strong correction. Today the market yawned at good numbers from Wells Fargo and JPM.
My biggest long term concern on the market right now is the Fed. They have decided that proping up the market is its highest priority. I am becomming more and more convienced that its a terrible idea that will come crashing down. As Breandan said, we have a Fed Bubble right now.
As to the whole market, I would like to see some more dropage. I still think it needs a strong correction. Today the market yawned at good numbers from Wells Fargo and JPM.
My biggest long term concern on the market right now is the Fed. They have decided that proping up the market is its highest priority. I am becomming more and more convienced that its a terrible idea that will come crashing down. As Breandan said, we have a Fed Bubble right now.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi
