When all the high volume leaders on the William J. O'Neil screen are getting 1% or greater sell offs.  A message is being sent.  http://screencast.com/t/zAddF8fF5X

If you think a few tiny stocks like CONN & LQDT & RATE are going to reverse the tide good luck to you. They are left to lead and cover the retreat.   Battleships can't turn in an hour but after 3 or 4 days the whole fleet can be on a new course.

AAPL has been the leader and now in my view it has been stutter stepping to new highs over the past three weeks.  Like a barnstorming pilot, the engine starts to sputter at the top of the hammerhead stall maneuver http://screencast.com/t/lxyaJGSsX1