TheStreet.com TV Recap: Sell Some Apple

After Apple's (AAPL Quote) earnings come out on Wednesday, people can buy the stock, but for now they should consider selling some of their position, Jim Cramer said on TheStreet.com TV's Wall St. Confidential Web video Monday.

There have been comments on Stockpickr.com that Cramer's been "ducking" Apple, but this is not true, he said. "I have continually said that Apple is one of those stocks that you must trade around on every data point," Cramer explained. "What I said is that as we got closer to the iPhone launch, you should sell it."

He suggested that because during the time of the iPhone launch, he said there would be people pressuring Apple shares down. Then after there had been some disappointment created, Cramer said people could buy it back. ...