Eugene David
...The One-Minute Pundit

Tuesday, July 31, 2007


Here we were going along gangbusters, GM up, SLIME getting His way, all things right with the world -- and then some SUBPRIME company no one ever heard of got shellacked because it couldn't meet its MARGIN CALLS (shades of '29?), and we're back where we were last week.

Why was the Dow at 14,000?

And we see AAPL's getting a thoroughly deserved comeuppance because it may not be making as many iPhones (or is that iPods?) as The Lord God Steve talked the sales -- ANALYSTS and news hacks into believing. Things will happen when you trust in fairy tales.

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