We came in Friday looking for significant weakness in many of the vehicles that we trade, including gold and index futures. However, what we got exceeded my worst-case expectations, suggesting that the downtrend has further to go. Apple was noticeably resistant to the downward pull, but I doubt that it will swim against the tide for even another day. However, if the broad averages should unexpectedly turn buoyant, we have a $144 rally target in Apple to intensify the mood.
