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This is a capitulation !!
Wall Street needs cleansing, the question is who has the integerity and nut_ to do it.
I am pleased with the talk of regulation on Wall Street as I believe the corruption is out of control. In addition I hope to see some people in jail when the smoke clears.
Apple WILL recover and will gain faster than the market.
The only uncertainty is WHEN. That's what it means to be a "LONG TERM Investor"
JMHO