I’ve been considering buying some Puts. I suggested the CD thing only as an example of safe investment for the other poster. I would not recommend shorting or buying options to someone who does not understand the stock market. I used to have a stock brokers license (altough I did not work as a financial advisor). People can get into big trouble with options. However, buying real estate puts seems pretty smart to me right now. I’m kicking myself that I didn’t do when I first started thinking about it.
I also think Home Depot and other home improvement companies are going down – as well as luxury goods and services.