When AAPL and comp turn, it's gonna be like a spring uncoiling. Many stops will be swallowed hard. Flat es, but long an older SPY position. There is so much cash sitting in the big boys hands and the fed is the golden goose. Very hard to look at economic indicators under these conditions with a straight face.
ben talks after the close,he already said that if congress enacted /respected a debt cieling there wasnt much he could do..meanwhile the fund managers basically get zero for holding bonds, cash, they need to put it to work in equites, but at the moment they would be buying the top,so tell mom and pop aapl is going to 1000 and take the other side