 Thank you everyone, and welcome to an update here of Apple. I am doing this because I haven't done an update on Apple in a long, long time. And I know a lot of people think Apple's gonna rally. I know a lot of people think Apple's gonna go back to 550 or beyond. That is not how this is studying up. Now let's just go over this, actually let's just go over it today first. Market gapped up today, Apple gapped up today. Market made new highs this morning and Apple did rally. But it really didn't have any significant buying committed to whatsoever. It was almost like, it did everything it did this morning very quickly with the market, but still was dead as a doornail. In fact, it was so dead that I said this is actually a short. I said that this morning in the training room. And I know some people wanted to buy it. And I said, this isn't a buy, it's a short, it's still a short. Actually, that's beautiful now it's a short. Let's go over this, pretend you didn't see it. Pretend you didn't see what it's doing right now. Pretend that it's not there. Apple gapped up, gapped up over the 50, over the 20, over the April moving average. Gapped up, gapped up of resistance, gapped up and rallying this morning with a bullish market. And then people are thinking that everything's rosy and beautiful and fabulous in Apple, but it's not. Apple is in a downtrend. Apple is in a downtrend, still in a downtrend. Today's just confirming everything with itself and everything Apple does is confirming itself. I did talk about this about two months ago or something. It was in January when Apple had the earnings. And my call for Apple on the earnings was that it would gap down. I said, there was a possibility it could gap up and if it did, it was an immediate buy at $600. When Apple did not play out that way and gap down, which I thought that it would, and followed through in the continuation of the overall trend, I said, this is very important for Apple, this gap. And it was an important gap for Apple. The fact that the stock has rallied over the gap and rallied back here and was over the 50 and did all this stuff in here really is not significant for what's going on here overall. The significant was that the gap itself could have made a correction on this day to be back up in an uptrend and it failed to do it. That was a tell-tale sign that Apple is lower, which it still is lower now. I never did anything saying that it wasn't lower. So this is not one of their stocks that you should belong in overnight. It's a short. The interesting thing is when somebody brought the question in the trading room today about taking Apple overnight short to $550, I know a lot of people do this. They take overnight, but they're doing like scalps, like scalp trades in overnight positions. That's deadly. It's deadly to your account. It's actually dangerous. And it is my belief system, take it for what it's worth, that no one should take an overnight position in a stock or the market unless they know how to read gaps. Gaps can happen at any time at any given point in time in the chart or life of the market or a stock. And if you do not know how to correctly read the overall trend in something, then you can't be in at something overnight. Gaps tell you how to read that, right? How to read the overall directional bias and the trend in something. And if you are against the trend doing it overnight for what you think is going to be a move that it makes, like a scalp, quote, unquote, scalp trade, it's dangerous because it could go against you, lickety-split, and it could wipe you out. And so that's why you don't buy Apple here. It's in a downtrend because you could get up tomorrow morning and Apple could be at $450 and it wipes you up. So the thing to do is to trade the trend in a stock or the market. And the trend in Apple's down and continues to be such. This is going to be one of the best calls I've ever made because no one that I know is calling Apple in this manner, in this fashion, to such a huge target to the downside like I've been. And this isn't doing anything wrong. It hasn't done the deeper move back down yet, but in my mind this has done the confirmation in the lack of the correction that happened back in the earnings gap from January. That's not to say that Apple couldn't correct itself the next time it reports the second quarter of 2014. It could, it certainly could. I don't know when the date of that is. It's probably in May or June or something. I have to look it up. Might be April. But either way, it's not right now. So Apple is not a long right now. Apple hasn't been a long for a long time, okay? So take note of that. When you are looking to do over nights, you are looking to stay with the trend. It's the best thing you can do. There's no guarantee when that happens that something won't gap against you. But that being said, you can fall asleep at night, at least cozy and warm and snug on your pillow knowing you're with something with a trend and you're getting paid. When you take an overnight scalping something against the trend, it doesn't have high odds of fault throwing it's not a good train. If you bought Apple here, down here somewhere in the $400 range for a quick move back up here where it got to around 500, could you have made money? Yes. If you did it, did you make money? The answer is yes. It doesn't mean it was a good trade. There's lots of times that you could take a trade and happen to get paid and it doesn't mean it was a good trade. And this is the thing. This is the thing. This is what people just don't get. Just because you do something you make money doesn't mean it was good. And the problem is many people go after stuff again and again and again and again that they think is the right thing to do because one time they made money in it or maybe twice. And maybe they had a big day on the day that they actually did the thing that they did that they made money. But it was a bad trade. And unfortunately the market allowed them to profit from it. So then they continued to repeat it. But don't you see that's the beautiful thing about the market? That's the allure of the market. The market will pay you sometimes even if you do a bad trade. And then the market sucks you in to take bad trade after bad trade. You give back the money you made in that one trade you took profit. It was a bad trade. You should have never profited from it. But because the market allowed you to on that given day, you take 10 other ones in the same way and losing those, you give back all the money for the one good trade. You did and you keep trying to do the same thing to replicate the trade that was a bad trade in the first place. Even though you made money in it. That's the thing. How do you know when something's really works? Well, it's easy. I can answer that question very easily. You're able to consistently use it. Consistently meaning day after day after day, week after week after week, month after month and year after year and not only that. Regardless of market condition. I am shorting professional bearish gaps ever since I taught myself how to do this in a bullish market. With irregardless of market condition, when you have something that works consistently, it works. It works in any market. In any time frame, it works in any stock that exists in the market when it sets up according to the rules and the guidelines, which I have set for myself in the system that I alone created and teach now. It works with irregardless of market conditions. It works in any stock as long as it rates and sets up and it works consistently. And that's how you know it's good. Okay, this idea of trying to pick bottoms and stuff or take over nights for scalp trades is deli to traders of trying to talk people and tell them, listen, do something with a trend. I don't know why this is so hard for people to accept, but you gotta do it. You've gotta do it with a trend. Apple's in a downtrend. There's, Apple is a short, a short, a short, it's not a bot. And if it one day becomes a buy again, I'll tell you exactly what it is. I'll see it the moment that it does it. I'll see it the moment that it does it in a bullish gap, which has not happened here yet. This chart is not corrected. Okay, though. So this is Melissa with the stockswish.com, an update on Apple. Apple's holding beautifully this lovely little top intel with the red little body in here is squished down in here on this. Apple should fall through tomorrow lower. If the trigger is here in a deli sell set up, we'll see where it goes. Apple may just hang around and bounce back and forth in here until it's ready to break again and do something significantly bearish. We'll have to see. If this goes back into an uptrend, I'll see it the moment that it happens. But right now it's in a downtrend, okay? So whether or not it rise back to 550 before it breaks again, I don't know. Low odds here. Low odds here. This looks great. This looks great here today. And again, this is why you don't, you cannot redirectional trend looking at pivots. All right, because Apple did make a series of higher highs and higher lows all along the way here and it's still in the downtrend. Okay, so this is Melissa with the stockswish.com. Have a great day everybody. Beautiful, beautiful bearish chart here in Apple. It's a short. If you'd like more information on the upcoming Golden Gat class, it's March 22nd and 23rd. You can email me and Melissa at the stockswish.com for more information. And if you'd like to sign up, see you everybody and have a great day.