Wednesday, June 2, 2010

Owwch

Obama on the podium the last few minutes. Things were fairly sedate until he mentioned the Wall Street tax that will raise $90 billion over the next several years. Instant selloff in the S&P, even in Apple, for the next minute or two. Dow Jones dropped almost 10 points. If Obama can bring me AAPL below 260, I might start scaling in. Shares have fallen to 261.83.

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