Someone

commented on my Apple short and how people are moving away from PCs and moving towards hand helds, something Apple specializes in. I am short it concerning valuation, not whether it is a viable business. Currently, hand helds such as iPods are not commodities but once they are I don't believe Apple's growth will be there.

On a technical analysis basis, there is a double bottom as well as a 50% retracement which bodes well for the stock price.