Short-Term Apple Short

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The man’s sex-appeal notwithstanding, I don’t think much of Carl Icahn or his tactics. I also think, on my list of high-tech luminaries, he’d be somewhere down near the bottom, just after Grandma Moses and Yosemite Sam. I’ve shorted AAPL with a stop at 509.27 and a target of 470. If you want to see what kind of amazing magic Icahn can do for a has-been tech outfit, look no further than DELL.