Wednesday, January 17, 2007

Thoughts on the day -- Jan. 17, 2007

The buy-on-dip NASDAQ bulls were losing ground as the session progressed with the reaction to INTC's not-too-bad Q4 report becoming more and more bearish. I just saw AAPL's Q1 report, which blew away the estimates but the outlook is a bit weak, it will be very interesting to see what part of the report the market will focus on.

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