Well Apple has come out with it's earnings report and to no surprise at all the results are fantastic. The NDX futures immediately bolted up to 1811 (our noted area of resistance) and then immediately fell back down like a brick elephant (as low as 1783). This has been the trend over this earnings season. You will recall a similar type of move in Goldman Sachs. It seems that we are on the correct side of the market and that resistance at 1810 will hold. It must have been hit 4 times over the last 36 hours of trading and each time it has held and the market has sold off. I am confident this short will be a successful trade. Nonetheless stops are at 1820 we are looking for 1758.