One of my buds on twitter just mentioned Apple (AAPL) broke below the 200 day moving average for the first time in a few years. Technically it is half right – the 200 day simple moving average is $325.50, while the 200 day exponential is $320.50ish. So still above the latter (which I use) but now firmly below the former (which many others use) by a good $3.50.
This is the first time in over 2 years that has happened. Obviously this is the de facto ‘bell weather” stock.