Replies to post #95811 on Canopy Growth Corp (WEED)

[Atinus]

Well they should be the 2001-03 and 2008-09 crashes are still somewhat fresh in everyone's memory. However those coincided with recessions and we're no where near recession territory if the 10-year, 2-year is any indication:



It has not inverted yet and even when it does, you could still be 18 months out from the main event. So I think there's still time... In the least if S&P crashes ala the prior major bear markets, it would be the first time in recent memory it preceded a recession (although to be fair the first correction actually began in 2000, so if that's where we are buckle up!).

This looks more like a correction but as usual stay tuned. :)

[surfcat]

do over post, sorry for deleting.

risking this years gains, risking that this low and Jan&Feb lows will hold.

Kinda of what I do when I win in Vegas, bet the houses money.

Hope we see new highs no later then next March, otherwise if wrong, these ETF's, NOT OPTIONS, will become buy&hold(15years) -- for my grandkids.

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[surfcat]

Even I did not expect such a V back to these levels.
Should have written MAY or JUNE. Either way I'm a happy camper.
THANK YOU FOR ALL YOUR CGC input.

Did buy lots of options though, Nasdaq, and at Dec 24th lows started buying QLD@60 strike, NVDA, BABA, BIDU, CGC and now BA is starting make bank for me....they expire 2021

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144861762

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surfcat Tuesday, 11/13/18 04:55:15 PM
Re: nowwhat2 post# 95811 0
Post # of 105283
do over post, sorry for deleting.

risking this years gains, risking that this low and Jan&Feb lows will hold.

Kinda of what I do when I win in Vegas, bet the houses money.

Hope we see new highs no later then next March, otherwise if wrong, these ETF's, NOT OPTIONS, will become buy&hold(15years) -- for my grandkids."