Apple Down More Than 5%; 1,250 Line In Sand For S&P (AAPL)

Apple AAPL has now lost more than 5% on the trading session. It looks like the last line in the sand for the bulls is going to be 1,250 on the S&P.

If we break below that, it is anyone's guess where we close. The volatility right now is through the roof compared to what it has been over the last 6 months or so.