AAPL – Apple Computer (Last:506.09)

DaBoyz had bears by the cahones from the opening bar, short-squeezing this erstwhile dog for nearly $25 at its peak. The chart (see inset) shows that the trampoline bounce slightly exceeded the 508.32 midpoint pivot associated with a 461.64 downside target that can continue to serve as our minimum objective for AAPL’s bear market.  A bounce back up to p is usually a good place to get short if you missed an earlier opportunity, but in this case I’d suggest doing so only via camouflage, since the stock is now bullishly impulsive on the lesser charts and may become even more ferociously so as DaBoyz unwind put positions ahead of Friday’s option expiration.