Did they overdo it after hours?

just like buying aapl before macworld that conclusion is too easy

 

I think the terms Oversold and Overbought are very dangerous.

They make you do things, you should not do.

Anek

 

adding gasoline to the inferno... mark my words!

 

"I know its the end of the USA and all that, but this thing looks oversold in light of this afterhours madness..."

not only the usa but the entire universe-you are so naive! .


ibm may be an interesting bounce as it had great news and gapped up +10 yesterday...however hi dollar stocks like that can drop multi pts in a blink of the eye.

 

Perhaps IBM will sell the entire global services business to Wipro and become a $50 Billion dollar company (with 30% margins) overnight

 

Definitely overblown. Yes, Intel is feeling a little pain from a slowing economy, but sales jumped 51 percent for goodness sake. Gross profit margin also improved.

 

PERCEPTION IS REALITY. PERCEPTION IS CRASHTIME. NO END IN SIGHT. THANK YOU BUSH/GREENSPAN.

 

Well at least we didn't have to hear people bitch about ppt today.

 

11:30PM ET from Bloomberg:
All world indices = in the RED
All world futures = in the RED

...from -2% to over -3%.

Yowza!

 

2:00 AM
Now a few more than -4%~~~