LSL: On Dec. 21st, Saturn enters Capricorn, the sign assigned to the hemp and marijuana plants. Every year, when the Sun is in Capricorn (~Dec. 21st to ~Jan. 20th), the pot stocks go up in price. With Saturn (the ruling/measuring planet of Capricorn) entering Capricorn, the support for pot stocks and legalizing MJ nationally is especially strong. Saturn will take about 2 1/2 years to fully cruise thru the sign of Capricorn, so there will be extended support for MJ & hemp for that long period of time, an unusual time, to say the least, and a good time to hold onto some of your MJ stocks, including CBIS, if not all, IMHO. What costs only pennies now will blossom into dollars.
The Dow should hit 26,000 by mid-2018, and then go gradually downward for the next 9 years on the long-term 18-year cycle, according to my calculations. Pot stocks won't necessarily follow the downward Dow trend right away, though, and probably will stay up 'til Saturn is out of Capricorn about 2 1/2 years from now.
Hey, have a great bunch of holidays, and enjoy the high ride coming! All the best to you, LSL!
BTW, Capricorn is also the sign of judges, so one can expect legal judicial decisions to be in favor of the MJ companies.
Nationalization is practically a gimme.
nilremerlin
New long-term bull market from Oct. 16, 2008 (+6 months for
underbubble overreaction) to Feb. 5, 2018 (+6 months for overbubble
overreaction).
