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AAPL Tail Leading S&P 500 Dog Lower

By Tyler Durden
Created 04/10/2012 - 11:16
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 04/10/2012 11:16 -0500



 

AAPL is down well over 2% from its $600bn market cap peak this morning and breaking closing VWAPs one-by-one as it drops. Rumors of liquidations across funds in US and Europe will mean margin calls force funds to sell the one performing asset that is the functional equivalent of Gold in 2011: Apple.

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