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Cramer's Lightning Round - What the Heck Is Going On with Apple? (12/7/09) [View article]
Naturally AAPL will sell off when the dollar strengthens. That's because it is a big component to the S&P which is directly inversely coorelated at this time to the dollar which has been weak all year long as shown by the equity run up.
Does this mean Apple is a dog? By no means. If Cramer wants to defend Apple he should be talking down the dollar like, "The dollar's gonna slide forever". He could also make an argument why US stocks look cheap, which is a much harder task might I add. But no one ever said he needed rational one. If he did he probably wouldn't be on TV anymore.