lowtrade

[Dubb10]

Very true. I cashed out today and I'm going to wait for a bit to re-enter. I don't like the current trend of the sector.I notice that the current trend for some of the year's popular mj stocks is bearish.

http://stockcharts.com/h-sc/ui?s=TRTC&p=D&b=5&g=0&id=p50076971506
http://stockcharts.com/h-sc/ui?s=MJNA&p=D&b=5&g=0&id=p55847253890
http://stockcharts.com/h-sc/ui?s=GWPH&p=D&b=5&g=0&id=p18696406241
http://stockcharts.com/h-sc/ui?s=HEMP&p=D&b=5&g=0&id=p87068412366
http://stockcharts.com/h-sc/ui?s=CBIS&p=D&b=5&g=0&id=p35644356311
http://stockcharts.com/h-sc/ui?s=GRNH&p=D&b=5&g=0&id=p90560996977

There are some that are bucking the trend, but it's still too risky for me. Whenever the panic selling is over, might be a good time to sift through the ashes and find some gems to trade. Problem is if another popular mj stock gets hit by the SEC, a majority of the sector may continue to get massacred.