The ongoing local uptrend is for AAPL distribution, which accounts for substantially high percentage of trading dollar amount.

CSCO/MSFT/INTC/AMZN/CMCSA/ORCL/QCOM are not on the same pace. So at least, it might be safe to say that the ongoing local consolidation and breakout of the uptrend is not healthy enough. For example, CSCO/QCOM/AMZN are not on trending, instead, they are oscillating stocks. AMZN might be arguable regarding it's a trending stock or an oscillating stock. Since AAPL has topped, however, there is no good reason to think AMZN is still trending.

Take a look at COST/BIDU, the above major components may follow the pattern.

Tomorrow, Wedn Dec 12th is FOMC release, an important timing point. If it goes down after FOMC release or on Thur Dec 13th, today shall be a typical bull trap. Or even Santa Clara Rally is taking place, it's not worth to participate the final revelry.

Since the market crash that happened in early August 2011, anti-TA has been much more frequent.

对弱股Short持仓，可参考Sell weekly covered put，选择主要支撑线位置为Strike Price，进行保护性平仓。