Top is in

[aboatguy]

Top is in, so far US markets are down  all of 2024.  Looking forward to the Soft landing,  Airbrakes?

[Wintergreen78]

Top is in, so far US markets are down  all of 2024.  Looking forward to the Soft landing,  Airbrakes?

Down about 1% this week. At this rate we will be down 52% by the end of the year. Fear is back!

[Phenix]

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

I sold April 11, 2017, 10:26:07 AM

[Alternatepriorities]

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

I sold April 11, 2017, 10:26:07 AM

A true believer!

[solon]

[ChpBstrd]

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

I sold April 11, 2017, 10:26:07 AM

A true believer!

Perhaps if we had an intermediary who is closer to thorstach than the rest of us, and who can distribute or interpret His message. We could send this intermediary money so they don't have to work and can communicate with thorstach all day. We could meet on the weekends to receive the intermediary's message. If @Phenix doesn't want the job, I could do it. It's my best hope to FIRE now that the top is in.

[Adventine]

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

I sold April 11, 2017, 10:26:07 AM

A true believer!

Perhaps if we had an intermediary who is closer to thorstach than the rest of us, and who can distribute or interpret His message. We could send this intermediary money so they don't have to work and can communicate with thorstach all day. We could meet on the weekends to receive the intermediary's message. If @Phenix doesn't want the job, I could do it. It's my best hope to FIRE now that the top is in.

Do you prefer to be called StBstrd, FatherBstrd or PastorBstrd?

[Radagast]

StBstrd does have a certain ring to it

[Phenix]

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

I sold April 11, 2017, 10:26:07 AM

A true believer!

Perhaps if we had an intermediary who is closer to thorstach than the rest of us, and who can distribute or interpret His message. We could send this intermediary money so they don't have to work and can communicate with thorstach all day. We could meet on the weekends to receive the intermediary's message. If @Phenix doesn't want the job, I could do it. It's my best hope to FIRE now that the top is in.

The job is all yours. You certainly make more money as a leader of a cult, but the real fun is being a member.

[Wintergreen78]

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

I sold April 11, 2017, 10:26:07 AM

A true believer!

Perhaps if we had an intermediary who is closer to thorstach than the rest of us, and who can distribute or interpret His message. We could send this intermediary money so they don't have to work and can communicate with thorstach all day. We could meet on the weekends to receive the intermediary's message. If @Phenix doesn't want the job, I could do it. It's my best hope to FIRE now that the top is in.

The job is all yours. You certainly make more money as a leader of a cult, but the real fun is being a member.

I’m not joining unless there is a secret handshake. Can there be a secret handshake?

[EscapeVelocity2020]

Whenever someone gives me the middle finger I take that as 'top is in' and respond knowingly with a reciprocal middle finger.  Only for the truly enlightened.

[ATtiny85]

Whenever someone gives me the middle finger I take that as 'top is in' and respond knowingly with a reciprocal middle finger.  Only for the truly enlightened.

Interesting. This tells me that an awful lot of people I run into each day are well informed/enlightened.

[techwiz]

Secret middle finger handshake.

[ChpBstrd]

Secret middle finger handshake.

Can't tell. Are the middle fingers going up or down? Is the middle finger top in?

[WayDownSouth]

Secret middle finger handshake.

Can't tell. Are the middle fingers going up or down? Is the middle finger top in?

That's the beauty of it - the top is always "in"... regardless of the angle you perceive it from.

[Phenix]

Secret middle finger handshake.

Can't tell. Are the middle fingers going up or down? Is the middle finger top in?

We must be careful with the handshake. The first finger clearly shows a slight decline from the top while the second finger is showing a positive slope. Thankfully it cuts off just below the first finger, not surpassing the original top. This example is acceptable, but not the image we're looking for in a handshake.

[WayDownSouth]

Secret middle finger handshake.

Can't tell. Are the middle fingers going up or down? Is the middle finger top in?

We must be careful with the handshake. The first finger clearly shows a slight decline from the top while the second finger is showing a positive slope. Thankfully it cuts off just below the first finger, not surpassing the original top. This example is acceptable, but not the image we're looking for in a handshake.

Impeccable technical analysis and impressive ability to translate it into laymen's terms. Thank you for this!

[EscapeVelocity2020]

Secret middle finger handshake.

Can't tell. Are the middle fingers going up or down? Is the middle finger top in?

We must be careful with the handshake. The first finger clearly shows a slight decline from the top while the second finger is showing a positive slope. Thankfully it cuts off just below the first finger, not surpassing the original top. This example is acceptable, but not the image we're looking for in a handshake.

Impeccable technical analysis and impressive ability to translate it into laymen's terms. Thank you for this!

Also important is the expression on the practitioner's face - it screams "Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check."

[aboatguy]

Although the tickers say that the DOW, S&P 500 and NASDAQ are moving up and greed is ruling the market


The truly enlightened know that the TOP IS IN! 
Hail Thorstach, Long live FEAR....

[Glenstache]

When top is in, lose everything, you must.

[GuitarStv]

When top is in, lose everything, you must.

In the spirit of Yoda's advice . . . I will be training myself to let go of my tenuous grip on sanity.

[WayDownSouth]

Secret middle finger handshake.

Can't tell. Are the middle fingers going up or down? Is the middle finger top in?

We must be careful with the handshake. The first finger clearly shows a slight decline from the top while the second finger is showing a positive slope. Thankfully it cuts off just below the first finger, not surpassing the original top. This example is acceptable, but not the image we're looking for in a handshake.

Impeccable technical analysis and impressive ability to translate it into laymen's terms. Thank you for this!

Also important is the expression on the practitioner's face - it screams "Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check."

It's obvious the guy is a professional, you can see in his eyes.... He genuinely lives for this shit. I love it! Also the right arm/shoulder angle - flawless. Almost gives me goosebumps.

[aboatguy]

Top still in!

[WayDownSouth]

Top still in!

Link for proof?

[secondcor521]

Top still in!

Link for proof?

Start here:  https://www.jstor.org/stable/2118559?origin=crossref

[Psychstache]

When top is in, lose everything, you must.

Back, fear is. Above 15, VIX will be. breaking down, the XIV will. Following, the SPY must. Reality Check, the earning shall be.

[Heckler]

Back, fear is. Above 15, VIX will be. breaking down, the XIV will. Following, the SPY must. Reality Check, the earning shall be.

Fear not young Jedi, greed in it still is.

https://www.cnn.com/markets/fear-and-greed

[ChpBstrd]

When top is in, lose everything, you must.

Back, fear is. Above 15, VIX will be. breaking down, the XIV will. Following, the SPY must. Reality Check, the earning shall be.

Earnings were a reality check back in April 2017 too, you know. That month, the S&P 500's 12-month earnings were $127.50 in inflation-adjusted November 2023 dollars. As of September 2023, those earnings were only $183.81. Thus earnings fell ((183.81-127.50)/127.50)= 44.2%, as predicted. The S&P 500's price broke down from 4780.94 today to 2359.31 on April 1, 2017, a decrease of 103% not including dividends.

[techwiz]

Fear not young Jedi, greed in it still is.

https://www.cnn.com/markets/fear-and-greed

[WayDownSouth]

Top still in!

Link for proof?

Start here:  https://www.jstor.org/stable/2118559?origin=crossref

Well, @secondcor521  ...that was a great and enlightening read. I now concur - THE TOP IS IN!

[secondcor521]

Thankfully we had a month's warning this time.

Top is in

[EscapeVelocity2020]

Yay, the top is in again today!

[solon]

Dust off your top is in memes, looks like we're going to need them today.

[MrGreen]

Well it was a good run. New intraday all-time high for the S&P. Probably closing too. The top is decidedly NOT in.

[dividendman]

Well it was a good run. New intraday all-time high for the S&P. Probably closing too. The top is decidedly NOT in.

Factoring in the inflation of the last two years and it's clear the top is in and the top is always in!

[EscapeVelocity2020]

Well it was a good run. New intraday all-time high for the S&P. Probably closing too. The top is decidedly NOT in.

Factoring in the inflation of the last two years and it's clear the top is in and the top is always in!

It's reassuring that us true believers are hanging in there!  Mr. Green is in the wrong thread apparently

[techwiz]

it's clear the top is in and the top is always in!

[GuitarStv]

I get so much mileage out of 'This is the way' whenever anyone asks me about weird shit I'm doing.

[Exflyboy]

Holy cow thats quite a top!

Can't possibly ever go any higher!

[2Birds1Stone]

Unfortunately if we consider inflation (~11.7%) since Jan 2022, the S&P would need to hit ~5,356 to match the previous top adjusted for inflation.

Inflate the top!

[secondcor521]

Unfortunately if we consider inflation (~11.7%) since Jan 2022, the S&P would need to hit ~5,356 to match the previous top adjusted for inflation.

Inflate the top!

Less dividends, so probably 3% less than that.

[HPstache]

Just had to stop bye and say...

Toppsin!

[Wolfpack Mustachian]

Wondering if I should do my "every-few-months" or so spreadsheet update to see how my overall financial picture looks. It may look good now, but with the top being in, I don't want to be disappointed in a few months when I do it again...

[Alternatepriorities]

Wondering if I should do my "every-few-months" or so spreadsheet update to see how my overall financial picture looks. It may look good now, but with the top being in, I don't want to be disappointed in a few months when I do it again...

Of course you should. Why not enjoy the high while the top is in. Tomorrow can't be better by definition so there is no risk in being happy now.

[Heckler]

Wondering if I should do my "every-few-months" or so spreadsheet update to see how my overall financial picture looks. It may look good now, but with the top being in, I don't want to be disappointed in a few months when I do it again...

If you're globally diversified, you missed the top by about a week ago.  meh to the SP5, currency exchange top was really in!

[aboatguy]

The Top is in!

[Morning Glory]

Spotted in the wild. I think the algorithm is trying to tell me something:

[ChpBstrd]

Spotted in the wild. I think the algorithm is trying to tell me something:

Google knows the top is in. That's why they're selling the top.

[WayDownSouth]

Wondering if I should do my "every-few-months" or so spreadsheet update to see how my overall financial picture looks. It may look good now, but with the top being in, I don't want to be disappointed in a few months when I do it again...

Of course you should. Why not enjoy the high while the top is in. Tomorrow can't be better by definition so there is no risk in being happy now.

LOL

[Exflyboy]

Well top is definitely in now guys.. Don't blame if you forgot to sell everything including your Mother in Law today!