I agree - the bulls seem a bit overconfident at the moment, but I will wait to see what it looks like in the morning. I lightened up on a bunch of shorts today, so will be looking for some opportunities to reposition.
I guess we've got to pay attention to what the market's trying to say when SAP rises 25 percent on a day when it discontinues its forward guidance. My favorite comment of the morning is from the European analyst who said it was a good move by SAP because the company wasn't going to make its numbers anyway. Hilarious!
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