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