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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (39473)10/26/2012 12:33:30 PM
From: Keith Feral  Read Replies (2) | Respond to of 219567
 
Apple down almost 3% today isn't helping things at all. Seemed like they would skate through the weaker than expected EPS report, but no dice!

I've been holding alot of cash to buy on the dip if Apple disappointed, but simply raising even more cash on the breakdown in bond yields. Smart money wasn't so smart in the bond market after all. Things could get panicked again early next week as we get through another round of earnings reports, especially the big oils.

In the meantime, best to move to the sidelines and let this thing run it's course.