@Thatway:$Apple(AAPL)$ That's good. Outstanding Apple shares are now at 15.8B, so Apple is steadily repurchasing shares. Relative to the overall market my Apple shares are growing in value. If Apple drops 20% this month with the rest of the market, Apple can repurchase even more shares. I won't lose any sleep over a slumping market or concern myself with daily market fluctuations. I'll let the sissies worry and comment about the end of the world when their stock drops a couple of dollars.

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@Kok:In the near term, these misses are definitely going to drag down the market. Feb should see stocks give up some gains from January. But investors are forward looking. The worst should be over. The cost savings from layoffs now will be reflected in future quarters. Prices will continue to trend up over time. It will always be a 2 steps forward, 1 step back process.