RE:RE:RE:RE:Chartguys: Aphria still the strongest Chart of all LP'sIt's unfortunate you didn't read either of my links. I think you'd find them informative.
mrammybutt wrote: You do realise that this basically applies to the market as a whole no matter what type of invester you are. There is ALWAYS risk with any security you buy. Whether it's Exxon or Aphria, all it takes is the commodity price to collapse, a recession or in Aphria's case one tiny little crumble of bad news from the Federal Gov't to absolutely crush these stocks (For example, how would the market have reacted if tabling of legislation was delayed by 1 year?). Of course depending on what type of security you buy you can minimize your risk (Exxon has by no means crashed but if you bought before oil crashed, you're down 15-18%). MJ stocks while I would say have been de-risked quite a bit still holds more risk than a blue chip because the legal framework has not been presented only speculated on. TA is just an indicator, I don't think anyone will tell you it works 100% of the time, because I'm certain it doesn't. I just want to make it clear that whatever type of investing you're doing there is always risk.
I don't speak with any hostility just sharing my opinion, as there are certainly some cases where Charting man Dan makes some pretty inarguable cases IMO... He literally does this for a living, so either he keeps getting lucky ALL the time or his strategy works, I tend to believe the latter.
Again my two cents.
GLA,
Rammy