Keep an eye on Apple. There was nothing new in the recent announcements.Nothing with must have or buy it now appeal. Future products are not coming in to the market today. All the good news is priced in. Apple may be set for a fall.
Now this stock came from one of my scans. The scan looks for mean reversion based on price growth in large cap and large float stocks. It basically looks at large cap stocks up over 300% in last two year. Apple is up about 500% in last two years. The other recent short signals from this scan were VLO and TXU. In my experience trading on short side is tough and comparatively lower expectancy game. Plus there is always the problem of availability of shorts. This scan has a good track record and it avoids the liquidity problem.
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