[VIDEO] Apple – A Major Market Top is Looming

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7 comments on “[VIDEO] Apple – A Major Market Top is Looming

  1. Gordon Erlebacher says:

    Hi Simon,

    I just listened to your video on Apple. I tend to agree with your analysis. But this rsi divergence also happened between April 9, 2010, and Jan 1, 2011. The stock went down about 10%. 10% drop is a top, but not significant for an AAPL investor. (I am out of apple). Just saying.

    Best regards,

    Gordon

  2. sid naiman says:

    Simon thanks excellent and easy to understand info.

  3. Simon says:

    You are right Gordon. Fishing for Apple tops has been a fool’s errand and is a risky strategy even now. RSI doesn’t preclude another high, in fact I would like to see a more deliberate test of the upper channel line, but being out of AAPL seems like a prudent move.

  4. Thanks for your feedback sid naiman.

  5. […] The chart below is an updated version of the log chart I first introduced in an August 24 video analysis about Apple. […]

  6. Alam (from Canada) says:

    Simon,
    I would like to start buying short ETFs. Which ETFs you recommends? I don’t see lists like before in Newsletter.

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