Tuesday, July 20, 2010

Should Go Higher

The reaction to the bad earnings news from IBM, TXN, and GS hasn't been able to take this market down from the weak open.  There are many more earnings ahead but I have a hard time believing AAPL will disappoint this afternoon after its recent pullback due to Antennagate.  I've put on a small long position.  Will hold on for a couple of days at least. 

1 comment:

iv said...

disagree owl today...i am short from yesterday and plan to stay short unless we breach 1076 on ES...we will see