Yes, I had wondered why NOK had lost almost 3 percent. I thought it might just be the abrupt 'Brownian Motion' that the sesctor is subject to. And then why Apple wasn't the one taking the hit, given that they're the ones being sued. But unfortunately, lt cap's comment that this will drag on for along time and be incredibly expensive. make sense to me. And I also thought about what a ferocious foe Apple will be - obviously not some small company that will 'cry uncle' quickly.  And the cost of this dragging on endlessly (you'd think both companies might like this to be over, but probably not inreality): I recently had need of a lawyer and it seemed like every time he even thought of me, it was $400. So I asked him not to 'think about me' so much. And a mediocre lawyer he was. Both sides probably need 20 of the top-shelf, $2k/hour heavyweights. Owie, especially since Apple has a lot more $$ than NOK to slug it out.  In checking the news, I see that even before this, the analyst community is getting more skeptical of  NOK - since late Oct., the action has been 3 straight analyst downgrades. That NOK (if I'm reading it right) has tough Y/O/Y comparisons, probably won't help. I do wonder whether the NOK/APPL fight changes NOK's prospects fundamentally, or just delays it for some time. Guess we'll see.

On a brighter note, one story spoke of the high-end, stunning (his word) quality of the phones that won't be manufactured by NOK, but will carry their name.

And the Macro: BOA chief strategist says that 20k for the Dow is just the beginning and over time the trend will lift the market "much, much higher."  I can't recall whether it was BOA or Goldman that predicted several years ago $200/bbl oil when it was selling for $130/bbl. I wonder if we can really sustain a rally that is very long in the tooth. And while Trump and Democrats seem to agree that infrastructure spending should explode, I think that when Trump's true nature comes to the fore, it will scare the crap out of everyone, including the market. Or maybe the rally is predicated on Trump's extreme pro-business stance. What do I know - I thought Hilary was a 'lock'.