AAPL – Apple Computer (Last:108.20)

I gave up too early on a soon-to-expire butterfly spread targeted on 100 when the stock rallied nearly $10 this week, but the position appears to have come back from the dead. The original target, 100.99, is now feasible for this week, although the stock has been too squirrelly to be easy pickings.  If the target gives way easily, look for more slippage to 95.61, a Hidden Pivot derived from the record high at 137.98 notched on 9/2. It’s unlikely to be easy yardage, however, since there are plenty of shorts remaining to be covered from early September’s highs above 130. ______ UPDATE (Sep 24, 9:44 p.m.): A reminder: AAPL will fall only when the thieves and pederasts who control the stock want to buy more of it at fire sale prices.