Well, futures were down over 5% until the Feds cut the interest rate.
Even then futures are down 2% in the Dow and 3% in Nasdaq. My tech stocks (all of which continually beat earnings) have been getting killed. Frustrating for me, as everyone always tells me to pick quality companies, and even when they beat, I'm losing money on them.
What are people's advice on doubling down on quality stocks? For example, Apple or RIMM have both beaten expectations with huge growth (caveat: I don't own either), but both have lost 20-25% of their value. Intel is another that's lost something like 30% of its value in the last 5 days, even though their profits were better than last year... Is it time to start bargain hunting yet?
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