Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Friday, October 3, 2008

Apple Holders Have Heart Attack; Jobs Doesn’t

LOL, that was funny... sad I missed it.

Shares of Apple Inc., which opened marginally higher, briefly dipped on a CNN iReport that Apple CEO Steve Jobs had suffered a heart attack and had been rushed to a hospital. It’s hard to overstate the lack of credibility this report has, but that doesn’t stop short-term trading types.

The story was posted by a user named “johntw,” and may have had an impact on the shares, which dropped sharply, to $94.65, before recovering. An Apple spokeswoman said this report was untrue.

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