Black Monday

**Joshuatree** · 22-09-2018, 08:41 AM

Yes. 40 plus deaths from fake marijuana could have been prevented in the last year if marijuana was decriminalized .

A person i know ( who was in a terrible accident) would also be able to stop spasming all night and actually get some sleep if marijuana was available, medicinal or otherwise.

Medicinal marijuana in beverages is also helpful to many and a new crafty op for the beverage industry, so what! In some USA states maybe you can now get a high from drinking, way better for the lungs for one.

Im hearing hikurangi has had a great take-up of investors, hope it goes well for them and that they have great business plan and case.

Hemp and medicinal marijuana look to be a great combo business for NZ.

**bull....** · 22-09-2018, 10:57 AM

Originally Posted by Joshuatree

Yes. 40 plus deaths from fake marijuana could have been prevented in the last year if marijuana was decriminalized .

A person i know ( who was in a terrible accident) would also be able to stop spasming all night and actually get some sleep if marijuana was available, medicinal or otherwise.

Medicinal marijuana in beverages is also helpful to many and a new crafty op for the beverage industry, so what! In some USA states maybe you can now get a high from drinking, way better for the lungs for one.

Im hearing hikurangi has had a great take-up of investors, hope it goes well for them and that they have great business plan and case.

Hemp and medicinal marijuana look to be a great combo business for NZ.

i just saw your thread on asx , great thread your ahead of the crowd on this huge disruptor , big gains to come from this ethical investment

**Patient Panda** · 22-09-2018, 11:25 AM

Originally Posted by Joshuatree

Yes. 40 plus deaths from fake marijuana could have been prevented in the last year if marijuana was decriminalized .

A person i know ( who was in a terrible accident) would also be able to stop spasming all night and actually get some sleep if marijuana was available, medicinal or otherwise.

Medicinal marijuana in beverages is also helpful to many and a new crafty op for the beverage industry, so what! In some USA states maybe you can now get a high from drinking, way better for the lungs for one.

Im hearing hikurangi has had a great take-up of investors, hope it goes well for them and that they have great business plan and case.

Hemp and medicinal marijuana look to be a great combo business for NZ.

completely agree with you JT. The faster they decriminilise it, regulate it and tax it similarly to how alcohol and tobacco work now, the better.

Its no surprise Hikurangi has so much interest and support.

The tax take from cannibis alone could completely eliminate the need for any extra capital gains tax.

**value_investor** · 22-09-2018, 04:51 PM

By the looks of it, the American market is not too phased by a trade war. We might see a bit of rally coming till the end of the year. Is there a level beyond mass euphoria?

**winner69** · 22-09-2018, 05:15 PM

Earnings drive share prices rather than politics

Best not to read the papers or watch CNBC ...just a lot of unnecessary noise

**blackcap** · 22-09-2018, 05:23 PM

Originally Posted by winner69

Earnings drive share prices rather than politics

Best not to read the papers or watch CNBC ...just a lot of unnecessary noise

CNBC is great. I am thinking about doing the Cramer trade booyah! That is do exactly the opposite of what Jim says. There have been studies done and it seems Jim has a negative Alpha! Oops.

https://static1.squarespace.com/stat...ttribution.pdf

**stoploss** · 22-09-2018, 05:39 PM

Originally Posted by blackcap

CNBC is great. I am thinking about doing the Cramer trade booyah! That is do exactly the opposite of what Jim says. There have been studies done and it seems Jim has a negative Alpha! Oops.

Yea he”s as good as Larry Kudlow look who he is working for now ...,

**bull....** · 23-09-2018, 07:44 AM

a very sensible well written news story by the herald. might have read our thread here even.

https://www.nzherald.co.nz/business/...ectid=12128620

**value_investor** · 23-09-2018, 07:59 AM

Originally Posted by winner69

Earnings drive share prices rather than politics

Best not to read the papers or watch CNBC ...just a lot of unnecessary noise

http://www.multpl.com/shiller-pe/

The Shiller PE (10 Year S&P500 PE adjusted for inflation) now at the highest level ever since the 2000 crash.

The FANG stocks make up over 40% of the contribution of the gain in the market so a slowdown could slow down the market. I'm not in the US market but its probably the most interesting. Amazon currently trading at a PE of 151 and a forward PE of 75. I'm not betting against Amazon but they and a lot of other tech stocks will have to perform near perfectly to avoid negative share performance.