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Apple Donwgrade Shakes Markets to the Core

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Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

With no negative news from the Eurozone or locally for that matter, stocks began a slow steady rise this morning.  Just to show you how fickle and volatile markets are today, one analyst called for a downgrade on the outlook for shares of Apple stock.  Apple had just a few days to enjoy its achievement of the becoming the world's most valualbe company before succombing to the action of a lone wolf.  This outcry from the wilderness caused the Dow to lose 50 point gains and to fall to a more than 80 point loss before closiing down 68 points.  What a world!

Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert

Really just because someone said they should come down...(I am not in stocks).

Aug 21, 2012 07:50 AM