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Wednesday, February 26, 2014 8:50:52 AM
Look at a weekly chart for all the marijuana charts, they are now in downtrends after gigantic 2 month moves up. Most will likely consolidate (i.e. go sideways and DOWN) for the next 2 months until the next big catalyst.
The game of stock trading is to TAKE PROFITS. If you have profits in your account and you don't sell, then you didn't make any real money.
When the market opens you will likely have a few minutes of liquidity to sell, not much though. Gotta act quick with pennies, liquidity is usually only in the morning and after fluff news.
Every one makes their own decisions. The POT sector will run again in a few months. Nothing to get excited about now. They are ALL in downtrends.
Never average in on a downtrend, wait for the next uptrend to start which will be signaled by huge volume and at least two green days up.
Gotta learn technical analysis if your going to play this game.
Good luck.
All posts are for entertainment purposes only, not a solicitation to buy or sell any stock. Do your own DD.
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