I’m going to do a longer post later, but I wanted to mention Apple. On a day in which markets vomited up to the highest levels of the entire year, Apple (AAPL) actually managed to lose some value. I think this is quite telling since, as I’ve said repeatedly here in the hallowed hallways of Slope, Apple is a company whose best days are behind it. If this market ever starts weakening again, I suspect our friends in Cupertino will be one of the first to help lead us down.
