One of the most persistent AAPL bulls is author Jason Schwarz. Relentless, this guy is, about all things Apple. And yet, he is a realist. As AAPL has corrected with the market, he has hedged his bet with EUO.
Yup. He's short the euro. But he's also optimistic that the euro will bounce back. How? Why? Because it has to for the sake of Europe and the sake of America. Here's what he thinks.
A two-month chart of AAPL vs. EUO. Looks like EUO has the edge in the near term.
Here's the FXE (euro) vs. EUO, two-month chart. Again, euro sucking. Edge, EUO. 
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