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Re: herk71 post# 7257

Thursday, 01/11/2018 12:41:44 PM

Thursday, January 11, 2018 12:41:44 PM

Post# of 70361
Anything the runs up over 200 percent in two weeks needs to consolidate. I’d be more concerned for a looking fire sale if we had continued rallies like the ones from the last two weeks. What goes up must consolidate. Hold and you’ll probably make more in a month or take your profits if the stress is too much for you. My pot portfolio is also down but this sector is only growing in the next 5 years so I’d say it’s a pretty safe hold. Here’s a great quote by Warren Buffet: “the stock market is a mechanism that transfers wealth from the impatient to the patient.”
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