an tSionna {04.17.12} Apple

I've received a lot of questions about Apple recently {AAPL} so I thought I'd publish a chart on what I'm seeing.  Weight of the evidence and best guess suggest a period of consolidation.  If you want a way to bring this down to earth from an analytical perspective, take out the 0.  That is take a 0 off the last digit.  A stock trading between 50-60 doesn't seem as scary as one trading between 500-600 but the percentages will remain the same.

*Long AAPL in certain client accounts.  AAPL is a significant percentage of the assets of certain ETFs we own for client accounts.