The Most Dangerous Fruit

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No, no, I'm not referring to Richard Simmons on a PCP-bender. Instead I am referring to the almost-went-bankrupt-in-1997 and destined-for-trillion-dollar-market-cap stock Apple, Inc. 

I bought a big slug of AAPL at about $509 and saw it shoot higher. I'm nervous about being long anything in this market, however, so I dumped it for a profit a few minutes later. Good thing too. As "oversold" as AAPL is, this thing continues to fall to pieces, threatening to break its $500 level. (One can only imagine the hoards of folks who paid over $700 for this thing and are getting increasingly pissed-off).

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Let's turn to Monty Python for advice on how to deal with attacks by fresh fruits:

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