Looks like a Big iPhone and Sounds like a Feminine Product: the iPad

Apple presented their new tablet today and the market shrugged...although the market in general being weak could be to blame for any reaction or lack thereof (to be fair, AAPL, RIM and T got a little boost when AAPL announced the price). The biggest reaction I saw regarding the iPad was all the jokes being sent around the online trading room today when the traders heard the name of the tablet. The Fed is making their announcement as I type this so I better go and watch the reaction...gotta see if my short is still a good position.

Hope everyone's having a profitable day.

TLT