What you saw today in the general market is exactly what you want to see -- the highest risk stocks lead the entire market --
The Russell 2000 was up over 5%, followed by the Nasdaq up over 4% and then the SPX and DOW.
Also, notice how most of the staple stocks like Kraft, etc, were all down with the market up so big. That is screaming at you that the big players are now moving into risk again.
AAPL's chart says you're headed back to the top of that channel. $115 should be very close. The Nasdaq weekly summation index is still at -1600 which is in record low territory which tells you you have a ton of upside still. So, AAPL and the like should lead the way. You should probably start to exit those hedge positions to take full advantage of the upside regardless of the down days ahead. I think you won't see any more lows until next year. The market loves the way the bond market is reacting to the govt's new mortgage backstop plans.
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