i’ll continue to monitor the big AAPL and it’s very toppish looking recent action that i commented on yesterday. odd to see it trade in the red so far all day while the market is up nicely. actually, i’d expect some dip buyers to step in this afternoon but let’s see if we can get a read on whether or not the smart money will be selling into any retail dip-buying today or if yesterday really was just another in a long series of false warning signs for AAPL. of course, i’m also curious to see whether the institutions also keep buying or sell this rally into the close. i have my suspicions but am waiting for confirmation before taking any more trades.
