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NDX Underperforming Today


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#1 BearItch

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Posted 23 July 2007 - 08:49 AM

NDX barely green (.09%) as others popping ...Naz .26%, SPX, .5%, Dow .54%. Are the earnings reports catching up with the emperor? QID turning green....

#2 BearItch

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Posted 23 July 2007 - 09:15 AM

Must be time to buy AMZN and AAPL...both only up a paltry 55% or so over the past few months. No speculation in these two stocks at all. Should be interesting when they report this week.

#3 ogm

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Posted 23 July 2007 - 09:28 AM

Must be time to buy AMZN and AAPL...both only up a paltry 55% or so over the past few months. No speculation in these two stocks at all. Should be interesting when they report this week.


Yep, when Hedgehogsa are done humping AAPL, it will be a big drag on NDX. I think its just about done, probably on earnings. It has really priced in already everything it can possibly price in and then some.

Iphone is really a product in a highly competitive cell phone market, and its overpriced and they made this stupid deal with ATT, that will limit their sales too. I think its time to short it.

#4 BearItch

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Posted 23 July 2007 - 09:32 AM

Must be time to buy AMZN and AAPL...both only up a paltry 55% or so over the past few months. No speculation in these two stocks at all. Should be interesting when they report this week.


Yep, when Hedgehogsa are done humping AAPL, it will be a big drag on NDX. I think its just about done, probably on earnings. It has really priced in already everything it can possibly price in and then some.

Iphone is really a product in a highly competitive cell phone market, and its overpriced and they made this stupid deal with ATT, that will limit their sales too. I think its time to short it.


Piper Jaffery just late last week upped their price target on Apple to $205 from $160...hump away! :cheer: