a lot of people like, "Hey Red Dog, so you could buy Versa, what happened to Apple?" I'm like, "Well, again, on the weekends, I try and just give you a lot of charts." I say, "Put this in your pocket or print it out.
It has on that charts on those charts are double tops, double bottoms, W's, wedges, triangles, this, that." So, let me ask you a question. What does Apple look like right here?
Does it look like a double top where you have 344? Granted, the computers push you through a little bit. Went to 34534 and I was like, "Hey guys, this would kind of suck if you're playing for an all-time high if it puts in a double top."
And I put a double top in. And then red dog reversal. What's a red dog reversal? Pushes through. Doesn't hold. That means it wasn't enough strength for it to hold. It came back in.
That's another sell signal. Some guys said, "Hey, Red Dog, I'm shorting this here at 341. I have an easy stop at 345." I'm like, "Okay, well, you know, shorting Apple over time in history does not really make you a lot of money.
It's better to be an investor and a trader there, but you could do what you want to do. I'm just not buying it." And then yesterday, I'm like, "If it can't hold 344, you know, you really have to adjust."
So anyway, Apple went all the way down to 32870. So now it's below the 8day, below the 21day. So, what I say is if you sell the 8day, you could test the 50-day instead of sitting in it and going under water.
But if you're not that active and you've been in Apple for two years, then you don't really care. I'm trying to talk tactically here.