AAPL bounced a spectacular $22 off a low that occurred $2 from the 254 target we’d used to try and nail the bottom of the so-far mini-bear market. That wasn’t quite close enough to get long with one of the trick-shot set-ups we use, although it may have helped timing an exit from any puts you held for the ride south. Looking just ahead, we can use the 281.37 target of the rABC pattern shown as a minimum upside objective, but the stock would need to push past 285.65 to generate a strong impulse leg on the hourly chart. The trick for us now will be to avoid underestimating the power of this short squeeze, which will feed on the tendency of fools to do exactly that. _______ UPDATE (Mar 2, 10:32 p.m. EST): The world’s smartest money is up to its beady little eyeballs in Apple stock, so shorts don’t have a prayer. It’s going to be ‘Take no prisoners!’ all the way up, and the goal will be to jack the stock high enough so that it can attract a new crop of institutional suckers who will think they’re getting a bargain on even mild weakness above $300.