AAPL – Apple Computer (Last:90.93)

AAPL’s 7-for-1 split may have broadened investor interest in the stock, but a paradoxical result is that it has killed the wild spasms that Wall Street’s thieves, psychopaths, thimble-riggers, bunco men and child molesters use to make indecent money in the market.  Still worse is that the split seems to have saddled the stock with the weight of skepticism that is alien to the institutional mind. Subdued though it be, however, AAPL looks almost certain to fall to the 88.60 target, and to take a tradable bounce from that Hidden Pivot that should be precise within a few cents. Do what you will with that forecast, but if your objective is merely to be entertained you should jot my target down and set an alert. _______ UPDATE (June 26, 9:12 p.m. EDT):  It would take a print at 92.78 to invalidate the 88.60 target given above, but as a practical matter, a mere 91.75 would rob the target of its trading value.