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The stock actually did not go down on both the days at a stretch. Market was down yesterday, but AAPL was up. May be that was what OP was trying to say.
because all the expected good news have been priced into the stock, and when the news finally broke, and it's nothing surprising, the only way it going to go is down.
You may b right but you see me Genius and I say $130.00. But if you right, me then call you "Little genius"
Even those fools over at fool make some good points if I say so myself. http://www.fool.com/investing/high-growth/2007/06/15/three-reasons-to-buy-apple-now.aspx
Why do you think it would end the rally? is it supposed to be a bad product that it won't attract customers compared to the ipod. I just think kids these days are so fucking stupid that they will buy anything that makes them look cool and hi-tech, and judging from the way parents are bending over to their kids, it will only get worse but that's awesome for gadget companies like sony, apple, microsoft assuming they don't fuck up too bad. However i'm purely technical in my trading and this is why i stand on the sidelines most of the time when it comes to apple. Just my 2 cents.
http://biz.yahoo.com/seekingalpha/070608/37719_id.html?.v=1 I've been reading and hearing a lot of this. Buy on hype sell on launch. Fast money people have suggested the same thing. I'm sure it will do just fine.