AAPL... quick trade

I have been purchasing some AAPL every time it tests its 10SMA, and then selling that position when it pops. (But keep a position until 330 or higher is seen.)

AAPL is now testing the 10SMA again, so I added a light day trading position.

Also, if AAPL breaks down from here, as it might with a potentially correcting market, the down side is fairly limited.

I think its down side would be correlated with AAPL's trailing PE. A trailing PE between 19-20 should be a low for AAPL's stock, which would correlate to a price between 318 to 330, when incorporating next quarter's results. So I will add if it breaks down to 320.