Washer’s Weeds 11/26/16
Aside from the usual weekly candles I am adding the dailys from where we started.
Chart porn.Those friggin candles are not even believable.
Patterns? Indicators? Tradeable predictions?
Go ahead. I dare you.
Funnymentally, nothing has changed. It’s a new bull.
But this little critter is LOCO.
Buy and hold? Yes but don’t look. Day trade? Yes!!!! The volatility is perfect.
Base hits win games.
Here is what I learned this week:
Nobody knows where this is going or what it’s worth.
No one can agree on price. Even Mr. market is clueless. Movement like this is NOT NORMAL.
There are no parameters, no precedents, no legislation and no quantifiable future markets.
But where there’s smoke…..
Ey Washer, great job bringing that stocks to the goldtent.
What kind of fundamentals this marihuana stocks have?
To me it seems a classical bubble bursting, but, who knows?
I discussed the fundamentals in prior posts. Your “bubble” is years away.
http://seekingalpha.com/article/4025625-go-long-alternative-cannabis-consumption-methods
Look what I found in seeking alpha. Interesting
Seeking Alpha is the “National Enquirer” of investing.