This has been on our buy on the big dip into this area.

I just got an e-mail from one of my clients ( who we shall refer to as Mr. Lucky for now) got filled at 12.10 the low of the day. We took this off at the 16.50 level so I am willing to give it a little bit even though every asset class on the planet is getting crushed.

Read “The Mad Hedge Fund Trader” for the story behind this.

AAPL…322.50 will be the key closing level to monitor here. Closing below this level would be price negative the entire market, and in all likelihood, telegraph another swing down in stocks.