AAPL Charts Follow Up

 AAPL Daily Doji star, it would be nice to see churning volume (higher) on the close.

The 1 min chart with a rather small, but positive divergence to help push price above the range, looks like pure distribution in to that range.

While Carl Icahn is saying the market is dangerous one week, the next week he's saying AAPL is going to $200. Remember Cramer's number one rule from his HONEST Street.com interview,

"What’s important when you are in that hedge fund mode is to not do anything remotely truthful, because the truth is so against your view, that it’s important to create a new truth, to develop a fiction.

 The stronger 2 min chart doesn't show the weaker accumulation signal, but does show the stronger distribution signal above the range.

 AAPL 3 min with a base to carry AAPL higher and in to higher prices, leading negative divergences.

The recent 5 min activity which is the earliest timeframe I consider to be able to show institutional activity intraday.

AAPL 10 min with what would be a typical 4 stage cycle, accumulation, mark-up, distribution, decline.

AAPL is not my favorite longer term short, I think they are transforming the company right in time for a bear market. Look at the S&P stocks' performance in 2007 and 2008 and then look at the blue chips' performance, while an outgoing tide lowers all boats, it lowers some more than others and long only funds still have to find the cleanest dirty shirt as they say.

I believe AAPl is in the transformation mode MSFT went through in the early 200's ironically after it declared its first dividends.