RE:RE:RE:RE:RE:RE:RE:RE:the set up was there for a new run...There ya go thinking deeply about stuff and being all rational again. You have a bad habit of that ;) Oh, and CGC long and strong, pretty sure this is the quadruple triple bottom we've all been waiting for. I'm not saying anyone should back up their cube van and load up, but if you have a mid sized sedan with a big trunk or something in the way of a hatchback...
canapot wrote: I like your entry point plan if a market crash does happen I just wonder how much money the average investor has in these stocks as they are mostly retail owned at this point. So the fear from a crash would definitely cause a collapse for all those solely just seeing green But it may be less than other stocks as the crash timing would coincide with positive catalysts if it were to happen over the next year or so. Seems pretty hard to time as the further a crash gets out it it may end up only coming back to similar levels to now (you could be more comfortable with those levels though). Where as if you were right on a nearer term collapse you could get a wicked entry.
I am sort of admitting defeat that I cannot time the market so just took an entry that I comfortable with whether I am under water or not trying to follow a 5-10 year guideline.
Notes on my thoughts on mass panic if you are interested: (off topic for a Marijuana board)
I see the reasons you pointed to above in terms of "mass panic in the general indices" as more of a reason to avoid the market capitalization weighted indices. The amount of money flowing into passive investment instruments to me signals the perfect storm for people who are resounded to believing Efficient Markets Hypothesis and/or not knowing enough of about investng so want a "safe" choice. Where this leads me is the market capitlization index has money flow into it in the direct proportion of each market cap (I know you already know this) but it effectively is like a poker match where people start putting more and more money on the table for the winning companies at the top. When your bet is biggest happens to be at the worst possible time just before you should be out of the market and it corrects the issue is timing as no one knows precisely where the top is. So getting more balance than a cap weighted index is important for me currently. For the retail investor who thinks they are safe only to find out they are not; well hysteria ensues and you better have a shopping list prepared for your favorite companies based on there fundamentals or if you are more of a trader into a predetermined order for what you believe will bounce back fastest allowing you to capitalize on the firms that recover over a longer period of time also.
Right now I am more focused on minimizing the correlations of all of my stocks while trying not to overweight anything to a large degree. I am running a solver function with a scaling system to account for market capitilization and those which present the most risk from passive investment ETFs/indices and yes this is subjective but it is the best I can really think of currently. Meanwhile building the shopping list just in case people are correct about a crash.