Wednesday, January 21, 2009

Short Apple

I have been going to and fro and have not had a chance to focus on the market. But I did short Apple today, but very little. I really believe that it will go to 40 before it goes to 100.



The logic is that Apple is an innovator and that innovation runs in cycles and this may have been their top. Additionally, competition is fierce and people want a deal.

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