I-Hype fails to pump AAPL up.

The latest hype around the release of a new smart watch and phone from Apple produced a pop today but then the sellers came in and sold it to a lower low.  I don't care what anyone says.  This is not positive for AAPL and it has nothing whatsoever to do with nude photos of Kate Hudson.  It has to do with the fact that the herd is ready to turn south in a big way.  You can see it in the slide in same store sales by Micky Ds, the new BK filing by Donald Trump (why do people keep loaning that arrogant asshole money??) and in the government pressuring the fed to get smaller and the fed in turn pressuring banks to divest and deleverage. 

It is one of the expected signs of the end of the bull market that good news will be treated as bad news, bad news will be treated as terrible news, and terrible news as catastrophic news.  This little tantrum better reverse in the next 1-2 day tops or I think it could quickly lead to something much worse.