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Re: "Secrets for Profiting in Bull and Bear Markets"
Gunnkski;
Per your post above regarding buying POT, and still holding... Any comments regarding recent stock price action? The stock dropped below the 50 DMA and could not work back above this level on July 31st.
The 50 DMA has rolled over, going flat, while the 200 DMA is still climbing. Is this changing Stages? Going to Stage 3, if not Stage 4?
The stock price is now $40/share below it's recent peak of $240, decline of 17%. Do you think this is a 'typical correction', or peak and now will/could be dropping?
Industry: These have done great over the past couple years? Do you think the 'big guys' are starting to exit, even with increasing earnings and moving on? Or are you holding, thinking there will be another leg up?
Just looking for your words of wisdom on how to watch the stock and when to SELL to protect gains.
Thanks in advance;
PDE
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