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gfp927z

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gfp927z

Re: fung_derf post# 300

Friday, 03/08/2024 6:22:50 PM

Friday, March 08, 2024 6:22:50 PM

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Derf, >> LLY <<

Yes, a lot of overextended stocks right now in need of a consolidation. Fwiw, I inventoried my own holdings this week and some are so near-term overbought it's not funny --> EME, FIX, MEDP . But since these have great long term charts, and are only small positions, I'm figuring it's best to just hang with them long term.

Btw, SMG continues to move cautiously higher. Looks like a test of 70 soon, and then a move up to 80 (Feb 2023 high) might be possible. But just a guess based on the chart. I always liked SMG's lawn + garden business, but the Hawthorne / cannabis side has been holding the stock back. If they would announce plans to spin off Hawthorne --> a fast recovery for SMG stock.



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