You have to play the momentum. We had a good run but should cover soon. You should have covered awhile back. I guess you can wait it out but it could turn ugly for awhile. I say Apple will go up 600 and then hover around 560- 580 for the next quarter. Apple is dead money for awhile.
Give it a rest shorty. Party is over. Hedge funds and MMs are done, they've raised all the cash they need for the next leg up. Cover now while you still have some profits (or did you short it lower????) If so..... well....... suck up your losses and move on.