How to Trade Fundamentally Broken Apple Stock

Where's Apple stock going? That's the critical question now that we've turned the calendar page and wonder whether to "sell in may and go away" or hang on for the long term. My guess is Apple stock is likely to break below its critical support line of $92 per share on its way to $85 and possibly lower. On a fundamental basis, Apple's is the cheapest equity trading on the market today, given the company's $233 billion in cash, pricing the shares at around seven times forward estimates (excludin...