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I have to wonder whether all the analysts who downgraded AAPL or pundits who prognosticated doom and gloom subsequently bought AAPL after the stock was depressed, recently. Surely there's some SEC rule against such a thing, at least on analysts' part?

I'm glad I didn't sell prior to news on the expectation of a sell-on-news decline, but at the same time, I rode through the downgrades and subsequent declines in AAPL. You'd think, by now, I'd have learned from the pattern of downgrades and public hand-wringing followed by Apple-beats -- but yes, past performance doesn't predict blah blah blah, and sell-on-news really does happen often enough to be real.

Retrospect is a good backup program, but "in retrospect" doesn't help with investments...

-awlabrador
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