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Ever So Faint Hints of a Down Market Today 10/28/20

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FEAR STARTING TO CREEP IN

I said September was probably the top.

Apple at 40 times earnings was just rediculous.

Especially given the poor macro economy.

Apple to lose half from the top.

 

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Just now, Jimbo said:

FEAR STARTING TO CREEP IN

I said September was probably the top.

Apple at 40 times earnings was just rediculous.

Especially given the poor macro economy.

Apple to lose half from the top.

If I were Uncle Warren I would splash out big time on APple puts to protect my position.

Apple is 25% of Berkshire's market cap.

Thats a lot.

 

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