Top is in

[Wintergreen78]

I thought everyone knew better than to trade based on a person with an upside down profile picture.

His profile picture *is* right side up! :D

He was just inverted. Top Gun reference Top is in!

Does this mean we can expect the market to go into an inverted 4g dive?

I think it means we can expect the S&P to do a cobra maneuver.

Better than a split S.

The top is in a flat spin going out to sea!


Although - I have watched that movie with a former navy pilot who insisted the only direction a plane goes in a flat spin is straight down.

And he is correct.. Ask me how I know..:)

Did you find out what happens in a plane when the flat spin top is in?

[Alternatepriorities]

I guess I'll have to be "that guy"...

Is this a parody of something?

It's a parody of top being in :)

Shamelessly generated by ChatGPT hahahahahah.

I suspected. I just hope the top that is in is not that of human creativity…

[WayDownSouth]

I guess I'll have to be "that guy"...

Is this a parody of something?

It's a parody of top being in :)

Shamelessly generated by ChatGPT hahahahahah.

I suspected. I just hope the top that is in is not that of human creativity…

I thought that top was officially in since years before this thread? I thought this whole thread was a parody of the top of human creativity being in.... That's f*cked up. Am I wrong?

[ender]

Human creativity top was in, AI creativity top is yet to come

[dragoncar]

In the realm where bulls and bears collide,
A tale unfolds, where fortunes bide.
Upon the stage, a market's dance,
A waltz of chance, of circumstance.

Whispers murmur, rumors fly,
The market's heartbeat, a speculative sigh.
In shadows cast by candle's gleam,
The wisest ponder, the hopeful dream.

"The top is in," they softly say,
As numbers climb, then slip away.
A symphony of tickers, a financial art,
A tapestry woven, a delicate chart.

In the cathedral of finance, where echoes ring,
Traders' fingers dance on every string.
Green and red, the flags of fate,
As markets rise and contemplate.

High above, the summit gleams,
A peak so lofty, a realm of dreams.
Yet whispers grow, a cautionary call,
"The top is in," a warning sprawl.

Speculation's tide, a restless sea,
Where fortunes ebb and flow in glee.
The siren song of wealth's allure,
Yet danger lurks, obscured, unsure.

The bulls may charge, the bears may growl,
Yet time unveils the market's scowl.
In cycles spun, a wheel that turns,
A lesson learned as fortune burns.

So heed the echoes, the caution's chime,
In the rhythm of the market's prime.
For on the summit, where eagles soar,
The top is in, forevermore.

I guess I'll have to be "that guy"...

Is this a parody of something?

Seems like the kind of thing gptchat would give you when asked for a poem about the market top being in

[Exflyboy]

Although - I have watched that movie with a former navy pilot who insisted the only direction a plane goes in a flat spin is straight down.

And he is correct.. Ask me how I know..:)

Did you find out what happens in a plane when the flat spin top is in?

I have spun airplanes in just about every conceivable attitude, including inverted.. and they all seemed go go straight down.. rapidly! Thats why its advisable to do the spin at the top and not the bottom of the manouver..:)

[secondcor521]

Although - I have watched that movie with a former navy pilot who insisted the only direction a plane goes in a flat spin is straight down.

And he is correct.. Ask me how I know..:)

Did you find out what happens in a plane when the flat spin top is in?

I have spun airplanes in just about every conceivable attitude, including inverted.. and they all seemed go go straight down.. rapidly! Thats why its advisable to do the spin at the top and not the bottom of the manouver..:)

I thought flat spins (as a subcategory of spins in general) were unrecoverable...?

[Exflyboy]

Although - I have watched that movie with a former navy pilot who insisted the only direction a plane goes in a flat spin is straight down.

And he is correct.. Ask me how I know..:)

Did you find out what happens in a plane when the flat spin top is in?

I have spun airplanes in just about every conceivable attitude, including inverted.. and they all seemed go go straight down.. rapidly! Thats why its advisable to do the spin at the top and not the bottom of the manouver..:)

I thought flat spins (as a subcategory of spins in general) were unrecoverable...?

It depends. Usually a flat spin occurs if the airplane is loaded with the center of gravity too fat aft. In a normal spin the nose drops down, but a too far after CG causes the airplane to pitch level in a spin which can make it harder to recover from.

Some aircraft will simply not recover from ANY kind of spin. Twin or multi engined aircraft are particularly prone to this due to the rotational moment of the mass of the engines being too far away from the center line.

This is why in part airplanes have a narrow range of CG where the airplane is loaded. In my airplane it was difficult to reach the rear most aft CG, but with a heavy passenger it definitely spun much flatter than with the CG more forward. Having said that it recovered very easily, mainly due to the size of the tail.. Bigger tails = easier pin recovery.

Naturally aerobatic aircraft recover much more easily from spins so it is likely they would recover from a truely flat spin with no issue. As some airplanes won't recover from spins in any case then you are correct.. Those aircraft would definitely NOT recover from a flat spin.

[secondcor521]

Although - I have watched that movie with a former navy pilot who insisted the only direction a plane goes in a flat spin is straight down.

And he is correct.. Ask me how I know..:)

Did you find out what happens in a plane when the flat spin top is in?

I have spun airplanes in just about every conceivable attitude, including inverted.. and they all seemed go go straight down.. rapidly! Thats why its advisable to do the spin at the top and not the bottom of the manouver..:)

I thought flat spins (as a subcategory of spins in general) were unrecoverable...?

It depends. Usually a flat spin occurs if the airplane is loaded with the center of gravity too fat aft. In a normal spin the nose drops down, but a too far after CG causes the airplane to pitch level in a spin which can make it harder to recover from.

Some aircraft will simply not recover from ANY kind of spin. Twin or multi engined aircraft are particularly prone to this due to the rotational moment of the mass of the engines being too far away from the center line.

This is why in part airplanes have a narrow range of CG where the airplane is loaded. In my airplane it was difficult to reach the rear most aft CG, but with a heavy passenger it definitely spun much flatter than with the CG more forward. Having said that it recovered very easily, mainly due to the size of the tail.. Bigger tails = easier pin recovery.

Naturally aerobatic aircraft recover much more easily from spins so it is likely they would recover from a truely flat spin with no issue. As some airplanes won't recover from spins in any case then you are correct.. Those aircraft would definitely NOT recover from a flat spin.

Right.

My understanding was that if the CG was aft of a certain point, then a spin would be nonrecoverable.  I'm not sure I remember the reasoning though -- perhaps the ailerons remain below stall speed due to the aerodynamics of a flat spin and therefore can't effectuate a spin recovery?

In reading about PARE, I'm not sure if the rudder step would work in a flat spin.  It obviously works in a regular spin.

I have about 50 hours towards my PPC but never finished.  Good at stall recovery and most other things except radio.
 Never even rode in a spin.

[Exflyboy]

@secondcor521 Yes.. Eventually if the CG got too far aft then the spin would be non recoverable in any aircraft. If you think about it, a spinning AC with an aft CG is a bit like a barbell.. with the weight moving further away fro the center.. A bit like the twin engined example but in the longitudinal direction.

In a normal spin the moment of the engine (weight of engine X distance from the rotaing center) is much bigger than the rest of the airplane, so in a spin the nose will drop.

If the rearward moment was the same a the front, well then our barbell would be balanced and would spin completely flat. You are probably right in the the tail is doing a lot less flying in that scenario. I guess if you are spinning the right you could add power and use the P factor to help..

Here is a little video of me doing a little goofing off you can just see that I added a little bit of opposite aileron, then the airplane snapped over. This was deliberate but you can see why they teach "Neutral aileron" to recover.

After this video I got it spin inverted.. I tried in this one but it wouldn't go.. When I had the heavy passenger.. THEN it spun inverted very well..:)

https://www.youtube.com/watch?v=TQIZQ2yti1Y

[MrGreen]

2023 just keeps cranking out tops! S&P 500 now 0.44% from ATH.

[secondcor521]

@secondcor521 Yes.. Eventually if the CG got too far aft then the spin would be non recoverable in any aircraft. If you think about it, a spinning AC with an aft CG is a bit like a barbell.. with the weight moving further away fro the center.. A bit like the twin engined example but in the longitudinal direction.

In a normal spin the moment of the engine (weight of engine X distance from the rotaing center) is much bigger than the rest of the airplane, so in a spin the nose will drop.

If the rearward moment was the same a the front, well then our barbell would be balanced and would spin completely flat. You are probably right in the the tail is doing a lot less flying in that scenario. I guess if you are spinning the right you could add power and use the P factor to help..

Here is a little video of me doing a little goofing off you can just see that I added a little bit of opposite aileron, then the airplane snapped over. This was deliberate but you can see why they teach "Neutral aileron" to recover.

After this video I got it spin inverted.. I tried in this one but it wouldn't go.. When I had the heavy passenger.. THEN it spun inverted very well..:)

https://www.youtube.com/watch?v=TQIZQ2yti1Y

Yeah, that's too much excitement for my blood.  The music and "experimental" is enough to have me politely decline.

I'm not a fast thinker, so my comfort zones are:

1.  Straight and level at 6K elevation in uncontrolled airspace, nice weather, no crosswinds, 500 fpm descents and right angles on downwind/base/final to a familiar airport, etc.  I've basically only flown C152/C172/C182RG.  Plus a few hours in a Varga Kachina which was fun.

2.  Commercial or military pilot and I'm the passenger and not responsible.

3.  A situation where I've been trained 100x so I know how to avoid and what to do reflexively.  A basic stall in a C172, for example.

...

Oh, and of course, Top is In.

[Exflyboy]

"Experimental" just means I built it myself and it comes complete with a glass panel with the latest technology. I trust my skills FAR more than a 50 year old Cessna 150 with instruments that could easily kill you flying in IMC.

BTW.. Don't "invest" in airplanes.. Unless of course the top really is in!

[ender]

Experimental top is in!

Oshkosh 2023 confirmed top airshow.

[Exflyboy]

Experimental top is in!

Oshkosh 2023 confirmed top airshow.

Haha.. I have to stay away from Oshkosh.. If I get the airplane bug again I'll be into a very light jet before I know it!

Ooh the $&P 500 is about 22 points from an ATH!!

[zolotiyeruki]

Experimental top is in!

Oshkosh 2023 confirmed top airshow.

Haha.. I have to stay away from Oshkosh.. If I get the airplane bug again I'll be into a very light jet before I know it!

Ooh the $&P 500 is about 22 points from an ATH!!

Have you never been to Airventure? Oh, man, you're missing out.  Of course nowadays, it seems like 2/3 of the attendees come in RV-ns.... You might even run into your old plane!

Vans has been working on a high-wing bushplane the past few years...

[Exflyboy]

Experimental top is in!

Oshkosh 2023 confirmed top airshow.

Haha.. I have to stay away from Oshkosh.. If I get the airplane bug again I'll be into a very light jet before I know it!

Ooh the $&P 500 is about 22 points from an ATH!!

Have you never been to Airventure? Oh, man, you're missing out.  Of course nowadays, it seems like 2/3 of the attendees come in RV-ns.... You might even run into your old plane!

Vans has been working on a high-wing bushplane the past few years...

Nope, never been there. Yeah I know I'm missing out.. I see all the news from that event every year. Every year I planned to go (in the RV of course) something came up, mostly work.. Yuk!

It has been a full decade since I sold my airplane.. All the previous talk about aerobatics has started to give me the itch again..:)

[ender]

Having built an RV7 you'd LOVE airventure :)

But Airventure top was in in 2023. So it's only downhill from here!

[UnleashHell]

Experimental top is in!

Oshkosh 2023 confirmed top airshow.

Haha.. I have to stay away from Oshkosh.. If I get the airplane bug again I'll be into a very light jet before I know it!

Ooh the $&P 500 is about 22 points from an ATH!!

Jet? did someone say jet??

Hi there!!!!

[Exflyboy]

Experimental top is in!

Oshkosh 2023 confirmed top airshow.

Haha.. I have to stay away from Oshkosh.. If I get the airplane bug again I'll be into a very light jet before I know it!

Ooh the $&P 500 is about 22 points from an ATH!!

Jet? did someone say jet??

Hi there!!!!

Gee you're no help...:)

[ender]

It's ok, most planes at Airventure are prop planes

You could buy one of the 75% scale P51s though (-:

[UnleashHell]

Experimental top is in!

Oshkosh 2023 confirmed top airshow.

Haha.. I have to stay away from Oshkosh.. If I get the airplane bug again I'll be into a very light jet before I know it!

Ooh the $&P 500 is about 22 points from an ATH!!

Jet? did someone say jet??

Hi there!!!!

Gee you're no help...:)

ha! Can't help it. done the prop plane stuff. I once got within 2 minutes of a ride in the 2 seater lightning before I got blown off........ still irritates me and I still haven't played in a fast jet.

Its got to be a mach 1 plus capable jet though. not that I'm encouraging you..... much

[jeroly]

Experimental top is in!

Oshkosh 2023 confirmed top airshow.

Haha.. I have to stay away from Oshkosh.. If I get the airplane bug again I'll be into a very light jet before I know it!

Ooh the $&P 500 is about 22 points from an ATH!!

Jet? did someone say jet??

Hi there!!!!

Gee you're no help...:)

ha! Can't help it. done the prop plane stuff. I once got within 2 minutes of a ride in the 2 seater lightning before I got blown off........ still irritates me and I still haven't played in a fast jet.

Its got to be a mach 1 plus capable jet though. not that I'm encouraging you..... much

I remember back in the very late 90's - early 00's, there was a newspaper article about a group of Wall Streeters that all took the train to and from Connecticut together each day.  They would play the "what's your number?" game - i.e. how much they needed to walk away from their unsatisfying jobs for once and for all. 

They kept playing, and the numbers kept getting bigger and bigger, and most if not all of them were still on that train every day.  One of the chaps on the train was doing particularly great financially, yet was still going to the office every day.  Somebody else asked him, "You've hit your number and have way more than you could ever need, yet you are still here - why?"

His answer? "Yeah, but it's not 'jet money.'"

If it wasn't for the dot-com crash, his portfolio would probably have soared right through that 'jet money' number and he still would've kept going... OMJ (one more jet) syndrome...

[Exflyboy]

Haha.. OMJ syndrome.

[WayDownSouth]

Experimental top is in!

Oshkosh 2023 confirmed top airshow.

Haha.. I have to stay away from Oshkosh.. If I get the airplane bug again I'll be into a very light jet before I know it!

Ooh the $&P 500 is about 22 points from an ATH!!

Jet? did someone say jet??

Hi there!!!!

Gee you're no help...:)

ha! Can't help it. done the prop plane stuff. I once got within 2 minutes of a ride in the 2 seater lightning before I got blown off........ still irritates me and I still haven't played in a fast jet.

Its got to be a mach 1 plus capable jet though. not that I'm encouraging you..... much

I remember back in the very late 90's - early 00's, there was a newspaper article about a group of Wall Streeters that all took the train to and from Connecticut together each day.  They would play the "what's your number?" game - i.e. how much they needed to walk away from their unsatisfying jobs for once and for all. 

They kept playing, and the numbers kept getting bigger and bigger, and most if not all of them were still on that train every day.  One of the chaps on the train was doing particularly great financially, yet was still going to the office every day.  Somebody else asked him, "You've hit your number and have way more than you could ever need, yet you are still here - why?"

His answer? "Yeah, but it's not 'jet money.'"

If it wasn't for the dot-com crash, his portfolio would probably have soared right through that 'jet money' number and he still would've kept going... OMJ (one more jet) syndrome...

That makes me want to puke. Great post, it shows a major part of society's problem today.

[dragoncar]

Still waiting for rocket money.  Elong musk still waiting for mars colony money

[WayDownSouth]

Still waiting for rocket money.  Elong musk still waiting for mars colony money

I think Elon is trying to have China build him his own private planet.

[Radagast]

S&P500 fails to break resistance at 4,796, confirmed close below ATH. VIX is to Vixen as FOX is to Foxen. Top is still in!

[solon]

S&P500 fails to break resistance at 4,796, confirmed close below ATH. VIX is to Vixen as FOX is to Foxen. Top is still in!

I guess thorstach was right all along

[MrGreen]

So what do we think? New top tomorrow?

[Exflyboy]

Umm wasn't 4796 that all time closing high?

[Radagast]

Umm wasn't 4796 that all time closing high?

Yes, and it has never been that high since, which is why Top is in!

[Radagast]

S&P500 fails to break resistance at 4,796, confirmed close below ATH. VIX is to Vixen as FOX is to Foxen. Top is still in!

I guess thorstach was right all along

It was hard to believe at first, but evidence has shown it

[Villanelle]

"Experimental" just means I built it myself and it comes complete with a glass panel with the latest technology. I trust my skills FAR more than a 50 year old Cessna 150 with instruments that could easily kill you flying in IMC.

BTW.. Don't "invest" in airplanes.. Unless of course the top really is in!

  I see what you did there.   Aviation pun top is in. 

[Glenstache]

Is it in yet?

[Heckler]

So what do we think? New top tomorrow?

it says 4,834.75 tomorrow, so I guess so.

[jeroly]

So what do we think? New top tomorrow?

it says 4,834.75 tomorrow, so I guess so.

First of all you are looking at the value of S&P futures - the futures number currently reflects the value of the S&P in March of 2024 that the market is expecting, not the expected price tomorrow.

Secondly, and most important, THE TOP IS IN AND ALWAYS WILL BE, PRAISE BE UPON THE ALMIGHTY THORSTACH

[solon]

So what do we think? New top tomorrow?

it says 4,834.75 tomorrow, so I guess so.

First of all you are looking at the value of S&P futures - the futures number currently reflects the value of the S&P in March of 2024 that the market is expecting, not the expected price tomorrow.

Secondly, and most important, THE TOP IS IN AND ALWAYS WILL BE, PRAISE BE UPON THE ALMIGHTY THORSTACH

Is there such a thing as "next day" S&P futures? Praise be to thorstach.

[aboatguy]

Top is in!

[Exflyboy]

"Experimental" just means I built it myself and it comes complete with a glass panel with the latest technology. I trust my skills FAR more than a 50 year old Cessna 150 with instruments that could easily kill you flying in IMC.

BTW.. Don't "invest" in airplanes.. Unless of course the top really is in!

  I see what you did there.   Aviation pun top is in.

Haha.. Very good! Say you are not Really Villanelle are you? Should we be scared?

Bye Bye..;)

[dragoncar]

So what do we think? New top tomorrow?

it says 4,834.75 tomorrow, so I guess so.

First of all you are looking at the value of S&P futures - the futures number currently reflects the value of the S&P in March of 2024 that the market is expecting, not the expected price tomorrow.

Secondly, and most important, THE TOP IS IN AND ALWAYS WILL BE, PRAISE BE UPON THE ALMIGHTY THORSTACH

Is there such a thing as "next day" S&P futures? Praise be to thorstach.

On the third thursday of each month perhaps?

[Paul | pdgessler]

As seen on my increasingly nonsensical Facebook feed... top edge of top is in. This means it's clearly the tippy top of the top edge of the top, for realsies, no take backsies.

[ChpBstrd]

As seen on my increasingly nonsensical Facebook feed... top edge of top is in. This means it's clearly the tippy top of the top edge of the top, for realsies, no take backsies.

I try my best not to look at FB except for marketplace, but what is it with all these construction drawings? They seem to be everywhere. Perhaps they confuse the eye long enough to register a linger response, which causes the FB machine to feed us more. What's really scary is how the drawings are often not even correct. I've seen some horrible ideas posted. Wonder if they're AI generated.

[ATtiny85]

As seen on my increasingly nonsensical Facebook feed... top edge of top is in. This means it's clearly the tippy top of the top edge of the top, for realsies, no take backsies.

I try my best not to look at FB except for marketplace, but what is it with all these construction drawings? They seem to be everywhere. Perhaps they confuse the eye long enough to register a linger response, which causes the FB machine to feed us more. What's really scary is how the drawings are often not even correct. I've seen some horrible ideas posted. Wonder if they're AI generated.

Sure, but this one clearly is exactly correct. Point someplace and call it the top. That’s what has gotten us to this point.

[Paul | pdgessler]

As seen on my increasingly nonsensical Facebook feed... top edge of top is in. This means it's clearly the tippy top of the top edge of the top, for realsies, no take backsies.

I try my best not to look at FB except for marketplace, but what is it with all these construction drawings? They seem to be everywhere. Perhaps they confuse the eye long enough to register a linger response, which causes the FB machine to feed us more. What's really scary is how the drawings are often not even correct. I've seen some horrible ideas posted. Wonder if they're AI generated.

Yeah, same here, I'm usually on there just for FB marketplace and a few Buy Nothing and other groups I follow. I think you're onto something with the linger theory. Also agree that many seem AI-generated. Ultimately though, any person or AI can predict the top, as long as it's thorstach.

[aboatguy]

Today is trending to be the WORST trading  day for US Markets  since the end of 2023. 

So far my returns are negative for all of 2024. 

 TOP IS IN!

[Alternatepriorities]

Today is trending to be the WORST trading  day for US Markets  since the end of 2023. 

So far my returns are negative for all of 2024. 

 TOP IS IN!

The really scary part is it’s the best trading day of this year!

[WayDownSouth]

As seen on my increasingly nonsensical Facebook feed... top edge of top is in. This means it's clearly the tippy top of the top edge of the top, for realsies, no take backsies.

I try my best not to look at FB except for marketplace, but what is it with all these construction drawings? They seem to be everywhere. Perhaps they confuse the eye long enough to register a linger response, which causes the FB machine to feed us more. What's really scary is how the drawings are often not even correct. I've seen some horrible ideas posted. Wonder if they're AI generated.

Average time on site just tripled, more advertising spend! (facebook is notoriously and historically one of the worst platforms for % ROI on paid advertising).

Strange, on X (formerly known at twitter) I'm seeing ads of scanning apps. Scan to see what kind of flower this is, or what kind of bug, and even what color fabric or if a gem is real or fake. I think they're AI-created junk apps that twitter or other advertisers are using to get advertising prices up. There are also many more than usual with strange placements (such as between comments instead of in-feed only).

[aboatguy]

Today is trending to be the WORST trading  day for US Markets  since the end of 2023. 

So far my returns are negative for all of 2024. 

 TOP IS IN!

The really scary part is it’s the best trading day of this year!

[EscapeVelocity2020]

Ouch my cubes (QQQ)!  Looks like the top is in, again.  I wish @thorstach would've told me to sell on December 28th...