2 emotions move Wall St... fear and greed - that's it !! (from OTA class)
Yeah, I get it that Wall Street bets on futures and a whole lot of BILLIONS were made on January 18 when APPL hit 500, a price that was bet heavily in futures back in the summer to hit 500 on that date. The WSJ ran bogus stories a week ago (then immediately pulled them) to insure that the low would occur like magic.
But the stock is 250 pts below its high and a whole lot of investors are also losing billions.
Like I said earlier, it's all f'd up. And Wall Street and their paid analysts are taking Apple for a ride like no other company that I know of.
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