AAPL appeared to be a short at $585, from there it went to $705
the rest of the market is not too far behind. Apple was a pure pump, training to be "buy the dips and you will be rewarded" this whole economy is a facade. I wish, I even hope I am wrong because I want this housing recovery to continue.
When you see a stock like AMZN with a P/E of 3300 us $6 to a new high and a $0.15 pull back is bought, that is not real, it may pay off for them and I think they will time a beat with $$ they have been holding back for a blow off top like AAPL, but the intraday desire is not real.