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gfp927z

11/08/18 12:06 PM

#13416 RE: haysaw #13415

Haysaw, Wow, you've had some interesting adventures in the market. Sounds like you've been cleaning up with the cannabis stocks, and with Sessions out the sector should benefit. I'm not too keen on the idea of recreational legalization ala Canada (the US has a big enough drug problem already with opioids), but as a sector for investing, cannabis/hemp is clearly here to stay. So far I've only been following it loosely, watching the main players like CGC, TLRY. I was aware of GWPH but figured I missed the boat. Nice going with NEPT and the others.

Concerning those ultra short ETFs, they will kill you over the longer term due to the 'daily reset' they have to do, which erodes the price even in a flat market. They're designed for fairly short term use only. Several of the posters here use HDGE instead, which doesn't have the 'reset' problem.

I figure a good way to control risk is the old fashioned way via the asset allocation - maintaining a smaller % permanent long stock allocation hedged by a sizable cash allocation, plus some bonds and a modest 5-10% in gold/silver. After the Cortex experience I stopped trying to be a gunslinger, but figure it's OK to allocate 5% to trading and higher risk stuff..

As for Alex Jones, at one time he had some good info, but ~ 2014 or so I think he became primarily a dis-info agent or 'gatekeeper', like Rush Limbaugh. When he fell in love with Trump and I basically stopped following him, figuring he sold out to become a gatekeeper for the controlled Alt-Right.

One of the weirder things going right now is this Q-anon phenomenon, an obvious psyop, but its purpose remains unclear. For me the conspiracy stuff (like bio stocks) is mainly for its entertainment value, like a good 'who done it' mystery novel. My dad was involved in some covert aerospace programs on the engineering side, so I guess my interest in the 'Deep State' goes back to that.