[Osx-nutters] AAPL

[Kevin Callahan]

On Aug 16, 2007, at 11:59 AM, Matt Johnston wrote:

>
> On 16 Aug 2007, at 18:28, Kevin Callahan wrote:
>
>> <http://www.schwabinsights.com/2007_08/strategy.html>
>>
>> Accelerating volatility, accompanied by abrupt market declines, tends
>> to result not from changes in traditional fundamentals (such as
>> earnings or economic growth), but from investors’ assessment—and
>> pricing—of quick increases in risk. This is what we’re currently
>> experiencing. Fundamentals don’t typically turn on a dime ... but
>> perceptions about risk can.
>
> Just about every stock has taken a hammering because of the credit
> crunch.

yeah .. credit crunch, for sure

>
> It's nothing personal.
>
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