This carnage is going to get worse & I made the mistake in buying more Apple at the end of the day.Sure would like to hear some of those “geniuses” who were talking about Apple being at 245 - 255 in the near term.Apple will be lucky to be there in 18 months….

i just think it’s a mad panick. ibm yesterday sent the market up, intel this afternoon sends the market down. traders should just take a step back from time and look at the whole picture. earnings season is upon us & yes there are going to be some ugly numbers but there will also be some good ones. keep the faith fellow traders

This is where you separate the traders from the investors.

The situation at Intel is pretty simple to explain. Here are the top three challenges facing the company in 2008.

I think the recession is coming full force and people in general just don’t want to see it, so they keep hoping their stocks will turn around. Probably a good time, or maybe even too late now, to get out and wait this out, it could get much worse with the Dow dropping below 12000 and the Naz below 2200 before it’s all over.

I watched apple for 2 weeks it has been doing the same thing it will go up 10 dollars or so then drop 10 dollars or so with a few exceptions like to day where it dropped more than usual.

Apple will be down another 5+ points tomorrow.If there is anything negative on their earnings call,watch the stock dive south of 150.Is it time to get out & come back another day??????

I’m with Patrick… sifting the investors from the traders. AAPL is solid for the long term, MSFT is too, but can’t say the same for all tech coms.

The radical Neoconservative Republican crowd screwed up the economy… big time.

What average American, the Bush Administration, Fed and Wall Street can’t see coming is the American Economy, which purchases over 30% of all goods manufactured in the world, has been “debased.”

The Bush Administration has cooked the books concerning GDP, employment, inflation and other numbers released monthly by the US Bureau of Labor Statistics.

The manipulation of energy prices and refineries by big oil has sucked trillions of dollars out of American Consumers’ pockets and the World Economy.

Thirty-seven years of support by Republicans of Supply-side Economics, radical Think Tanks and PR Campaigns to convince Americans that Unions were bad brought membership down to 11% of all Americans. Wages and benefits went down with the Unions.

Under both Regan and the Bush”s Neoconservative Republican leaderships, who’s creed was “Greed and Supply-side Economics’ “, the administrations legislated tax breaks for corporations and the Elitist top1% of Americans at the expense of the other 99%. Couple this with a catalyst such as the collapse of the mortgage banking industry & housing prices, a liquidity crisis and pending credit card catastrophe. Then add in years of Union busting, NAFTA, CAFTA, Vietnamese, Central America and other Trade agreements, hundreds of thousands of H1-B & L-1 work visas, years of outsourcing jobs to 3rd world countries and open borders all which help eliminate the higher paying jobs, pensions and benefits for a majority of Americans.

The huge amount of spendable income/benefits these high paying jobs formerly supplied America and the World Economy has disappeared… gone forever. Resulting in a gigantic transfer of wealth from average Americans to the world’s Elitist top 1% and coffers of Corporate America.

The “staged” Iraq war has maimed and killed thousands of American Soldiers along with tens of thousands of innocent Iraqis’ while sucking billions of dollars of tax money out of the American economy that could have been used for social projects and paying down the national debt. America fights this war for Israel alone without their aid or troop support. Lobbyists, AIPAC and Radical Zionists within the Neoconservative Bush administration blindly led America into this war while they deregulated corporate America and channeled billions of US tax dollars to Israel, Armament companies, big oil, military contractors, corporate friends and “misplaced billions”. This helped place Americans and America on the road to bankruptcy as the country with the largest national debt, and growing, in the history of the world.

Republicans and the radical Neoconservative Bush Administration have created the perfect “Financial Storm.”

As Hitler did during World War II, this administration utilizes “Authoritarian Rule” and the “big lie theory”… the bigger the lie the more likely people will believe it.

The American Economy was debased while our political system went from Democracy to Corporatism.

As HBO’s lead character in John From Cincinnati once said… “The end is near”.

The market is going down, down, down.

Uhhh….G,go to The Daily Kos if you want to spew you’re left-wing drivel.Geez,get back on you’re meds….

Sadly, I’d have to agree with G.

IBM is up because they are not afraid of competition. INTEL is down so much simply because their capitans have MBAs (nothing else) and feared (in fact, panic-ed) about their competitors.

only thing going on here is the banks and their analysts are looking to dump on anyone who misses so the attention is deflected from their own poor management and stupidity in the mortgage meltdown.

After the Intel result today, I agree with jojothemonkeyboy. We are in or will be in recession. And, Dow will need to break 12000. Maybe even 12000 is not enough.

Traders are manipulators.
Where do these WILD expectations come from??? There is manipulative dialog in some of these comments.

Why are the Financial stocks with their BILLIONS of $ of LOSSES down more than Intel and Apple, Inc. The latter are profitable companies that are growing. It should take a generation before Financial companies make a profit. Why are the profitable companies getting beaten up?
Oh! OK! Its the manipulative traders again.

Correction!! “Why aren’t the Financial Stocks”, etc.

Jeff,Go along W/G & stay at the Daily Kos site & stay there!

Don’t you people see the market as a Ponzi scheme? A stock only goes up if somebody pays you more than you paid for it. The main reason stock prices are higher now than 30 years ago is that today half of America’s 300 million people own stocks or mutual funds, and 30 years ago only 19 percent of 180 million people did. What will happen when today’s holders retire and want to sell? Sell to whom?
We’ll need 50 percent of another 300 million people to buy from them. It’s something like a chain letter.

I can’t believe G is saying the bubble has something to do with union busting and politics! It is just a cycle of greed. I wouldn’t have mattered if we had a Republican or Democrat in the white house. The result would have been the same. People are greedy and always will be. To be fair, one of Clinton’s main objectives was to keep interest rates down to keep the economy, (greed) going. Face it. They all do it. That is why anyone that understands economics should be voting for Ron Paul. He understands that we are in deep doo doo. The only way that we are going to come out of the other side of the tunnel intact is if we get the government to stop siphoning off our $ and start investing them in our economic future. This giant multi bubble has been a long time coming with misappropriation of assets. By the way, the crash is starting and will go down way more than almost anyone thinks. Get your money out of risk assets and into no risk assets, now. Or suffer the consequences of the aftermath of the largest set of bubbles since 1720-21. (Go see what happened back then)

Intel almost always disappoints. Look at price movement after their earning release over the last 7-8 quarters. If I remember correctly, the price almost always fell in after-hours. I finally learned my lesson and unloaded in December and am now thinking of buying back. But of course, in the meantime I bought some others that are down!!
As for sanity - there is none. Everyone is playing the same game - “Why hold now when I can get them cheaper later”. It is this frenzy that will break the market’s back.

“It’s weak NAND pricing.” Yea, right. Blame it on the sector of 2% of your revenue. This was a CC from 10B qtr co? Could’ve fool me, but it sure fooled the analysts.

Contrary to knee-jerk opinion, INTC’s results weren’t a reflection on economic or PC weakness. That could happen later, but wasn’t a factor in Q4. If you listened to the call, you’d know that they are clearly dealing with weak memory pricing and a few extrenuating circumstances. Feel free to listen to the replay. In the meantime, I’ll elaborate:

First, INTC stated that a variety of small factors, no one of which is particularly significant, conspire to produce a cautious outlook for Q1. Weak PC demand was NOT AMONG THEM:

1. NAND pricing will probably continue to weak.
2. The Marvell supply agreement started winding down during Q4 and will continue to do so in Q1.
3. NOR is now a part of their results and tends to have exacerbated seasonality Q4 to Q1. This is the first year where that will impact Q4 to Q1 seasonality.

Of course, they also mentioned that economic indicators make it prudent to be a “little bit cautious”.

As for the PC business, notebook CPU growth DID slow down, but INTC explained that this was due to lower ASPs (due to strong proliferation of lower-priced notebooks in emerging markets) and the decline in the Marvell supply agreement. When discussing the overall PC environment, Stacy Smith’s introductory statement was garbled, but it sounded like he said that the CPU business was “up-ly seasonal” in terms of unit volume expected in Q1. The rest of his statement was clear and consistent with an “up-ly seasonal” expectation:

“We saw demand grow through the fourth quarter. We didn’t see anything unusual in terms of cancellations and we didn’t see anything unusual in terms of inventory building up. Our inventory is lower than I’d like. The disty channel inventory that we have visibility into is at the low end. So, it all felt pretty healthy through the fourth quarter.”

INTC went on to say that most industry analysts have PC unit volume “growing in the low double-digits in ‘08 over ‘07. That is an assumption, we wouldn’t argue with and that’s one that we’re building our capacity plans around.”

They also saw insignificant evidence of double-ordering in the quarter.

Finally, server demand was “outstanding” in Q4: “The servers are building the infrastructure for the Internet and the enterprises and the notebooks are essentially becoming the clients to view those on. And the combination, we think, is very powerful and is not showing any signs of diminishing.”

To me, none of this sounds like the global economy went south. Make no mistake, I expect that it WILL, and have been a proponent of being net-short since early-summer. This view was ever-so-slightly apparent in INTC’s guidance, but not at all apparent in its Q4 results.

The truth is what it is… it’s not all about “you”, your wallet, brokerage account, size of your house and the car you drive. It’s a “we” economy and government that survives… not a me, I or I’ve got mine to hell with everyone else.

Look at the “big picture”… big trends… to protect your asset base… the market operates under the greater fool theory… last in loses.

Money will be made on selective issues… get in and out quickly.

The USA & world economy is headed for the dumpster and the USA government is now fascist. The Federal Reserve is out of control and repeating the same mistakes made in 1929.

The end is near.

Comments made by G are pretty accurate!! Shame americans went for pretty talk from government. Currently we have a dictatorship and markets will play to help big corporations, Long term investors stay-tune !!!

Holy Smack, did someone just praise unions? This person must be completely blind to the total collapse that is currently happening in the America Car industry. Both Ford and GM are losing Billions of dollars and can’t compete with the Japanese. This is solely the fault of the unions that have frozen in place these companies ability to change with the times and extorting outrageous sums of money. In the end when a plant is strangled by it’s own roots, the whole plant will die.