The thing about Apple…

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So, full disclosure, we own Apple. It’s not a big position and I certainly don’t profess to have any special knowledge of in which direction the next 50 points will be in.  But I think framing the sell-off discussion in terms of fundamentals is probably wrong. I believe what we’re seeing is more mechanical – end-of-year tax-related selling, etc. I believe it is still the greatest company on earth and if you can only own a certain number of stocks, why wouldn’t this be one of them?

Here’s me, Sully and Jim Cramer, live on Street Signs today:

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