My short-term-bearish outlook is more evolved in AAPL than in the E-Mini S&Ps, since the stock already triggered the prospective short noted in the tout for the latter. The trade would have finished the week $2.48 in the red, but I am not advising getting into it belatedly in any event — at a better price, as it were. It would take but a 1.6% rally to achieve new record-highs, and there is no compelling technical rationale for betting against this. The next attractive buying opportunity based on the chart would come at p=184.60, a midpoint support that we can bottom-fish with an rABC pattern on the 15- or 5-minute chart.
AAPL – Apple Computer (Last:191.24)