Apple’s Institutional Slingshot

Jason Schwarz updates the slingshot for Seeking Alpha:

After 56 days in which Apple has sold off $200, it’s easy to fall prey to the noise in the media. At this stage of the correction most Apple investors don’t know which way is up or which way is down. They’re questioning the very air that they breathe. This kind of confusion is normal in the absence of an accurate explanation of the irrational stock action.