This story was updated at 10 a.m. EST to include a disclosure of the author's positions.The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK ( The FRED Report) -- This week's article is in response to several comments we saw about an article we wrote featuring Apple ( AAPL) ( As Apple Sours, Take a Bite of Small Cap) within the context of a specific technical pattern known as an "outside day negative reversal." At the time, several readers commented that AAPL had such strong fundamentals that "technicals did not apply." Here at The FRED Report, we reject that assertion. Understand that we are not the sort of technician that says, "fundamentals don't matter." We believe that technical analysis measures some useful phenomena, and so when we see them we believe we are obligated to report, as eventually even a strong stock like AAPL will discount its fundamentals. Follow TheStreet on Twitter and become a fan on Facebook. Such a case occurred this week when AAPL had an "inside day." An inside day is a day where the high is lower, and the low higher than that of the previous day. An inside day is often a sign that a change in trend is coming almost immediately.