RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:15 minute EQ broke bearishI'm not going long on any MJ stocks until they are oversold again. Some people laugh when I say that and tell me that the prices will never go down again. ACB had 5 great oversold opportunities to buy back in last year. I'm counting on that again this year.
Auctioneer wrote: IAN looked set to break the weekly high but got snapped back down, so I think you'll be able to add in either before close if you so choose - or else tomorrow. I actually want to hold IAN for the longer term. Like you, though, I wanted to realize some of the gains. I just can't believe the massive bull run SPY has had since the holidays. Just unreal. I would have thought we would have taken a breather by now.
GordoTheGreek wrote: Something must be up with IAN. I sold much of it today but still have 25K shares at $4.30. I'll add more when it becomes oversold. I'm not worried about our bets against SPY - they will pay off later.
Auctioneer wrote: Not much going on here today my friend. I was going to say it's pretty quiet but I see that my IAN shares just jumped a nice bit - I'm sure yours did too. I sold my position a couple of weeks ago but started scaling in again just below 7 bucks. There must be news. I'm scaling a bit back into ACB but not convinced that the HL is set just yet. I sold some HOU yesterday but might buy a bit more of that since I think oil might continue its run. I am annoyed with my poorly timed SPXS decision so I will just wait for a definitive bear break and load up more.
GordoTheGreek wrote: Auction - how's it going today? I just sold about half of my MJ portfolio because it's had a good run. I like taking profits frequently, and before the masses. No greed and FOMO for this guy. I'm still scaling into SDS too - I want to have enough so that it represents 10% of my entire portfolio.
Auctioneer wrote: Let's not get carried away now Gordo. There are lots of NKPs to choose from.
GordoTheGreek wrote: Jerrytuts may be the dumbest poster I've seen in quite some time. Ignored.
quote=Auctioneer]Definition of a No Knowledge Poster. My post contained technical information for those who are looking to enter a position into this stock. This poster interprets it as being a basher. Automatic ignore. Posts like this give Stockhouse a bad name.
jerrytuts wrote: omg your scaring us all......mission accomplished
NOT! loserrrr.....
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