Market Update

AAPL CRUS RVBD JNPR tech in general, Tech is going through consolidation recently. AAPL is not a falling knife but is just pulling healthily back. It will not be a falling knife until it breaks the 25 DMA on high volume, AAPL is not doing this, just orderly selling at this point know reason to panic and definitely not worth shorting. Some of our other TECH trades are moving sideways not up not down but in a small box. I think if you believe in the the recovery thesis and Monetary policy that BANK, TECH and Transports are going to lead then you have to sit on your hands. Pick your well defined stops and keep your knife handy if you have to cut your positions. For right now I got a cautious green light with higher stops in place just under support.