AAPLTalk, 6/26/13 (After Market Close): “Looks like rain, Jeb.”

Yup.

Where to go from here? Revisit intermediate trend low at 382-ish (I adjust for dividends) where the SMA-200 weekly’s also headed?

Regain some composure above 419?

Stay in some rangebound purgatory somewhere between 380-420?

Who knows. You won’t find anything remotely resembling “actionable intelligence” here, more like stream of consciousness. For the love of your brokerage account, do your own due diligence. But, like many, I’m pretty bearish on the price action right now.

Disclaimer: Long AAPL common, “short” AAPL put spread

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