TB11741
Short

AAPL - Potenital pullback / if so, are its effects overlooked ?

NASDAQ:AAPL   APPLE INC
33 0 1

Although I love Apple             as a company and fundys are the best out there, I feel it has been a hedgefund hotel and its rise caused a lot of distortion in the overall Indexes

AAPL             makes up over 15% of the QQQs and its effect on the QQQs is noticeable on any sign of weakness in the shares.

I feel any healthy pullback in Apple             to the low 100s can spell big trouble for the rest of the index .

No short position here. There are many other tech companys to bet against then one who holds more cash then the US govnt
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