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sharebuilder will let you buy put options, which are probably a better idea than a naked short for most people. Personally, I agree that Apple is way overvalue
by lsc 16y ago
sharebuilder will let you buy put options, which are probably a better idea than a naked short for most people.
Personally, I agree that Apple is way overvalued... but it is tricky to time these things. It could go up a lot before it comes down. I remember a quote "The market can remain irrational for longer than you can remain solvent" - I don't remember who said it, but it's good advice.
- philwelch 16y agoKeynes said it: http://en.wikiquote.org/wiki/John_Maynard_Keynes http://en.wikiquote.org/wiki/John_Maynard_Keynes The sentiment is quite similar to his other famous quote, "in the long run we're all dead".