Any takers.. Though its not in its 52 weeks high.. I think there might be a little fall possible at this time before earnings...
They depend on the consumer which isn't strong right now. What a stupid idea to buy AAPL before earnings.
There is atually no concrete proof that the consumer is weak now. The only ones who claim there is consumer weakness are the usual boo hoo hoo, protectionist, pro-obama lefties.
You could try to short it at the 50% retracement of the $200-$120 range which should be somewhere around $160. There should still be plenty of trapped longs in this stock. I'd be careful and use a tight stop though, then add more once your position shows some profit.