Apple looks like a lead-pipe cinch to reach 199.90, a target flagged recently in Side Bets. If it should pull back first to 189.30, buy 200 shares there with a relatively wide stop-loss at 189.09. The implied 75-cent correction seems unlikely if stocks open on a short-squeeze as I’ve predicted, but the 189.30 pivot looks too tempting to pass up if the market — or Apple, at least — trades down Wednesday morning. ______ UPDATE: Apple leaped$3 right out of the gate then tanked, making fools out of bulls and bears alike before the session was 30 minutes old. The 199.90 target remains valid.
