Top is in

[EscapeVelocity2020]

‘Run with the bulls.’ Don’t worry about the S&P 500 until it reaches 6,250, says SocGen - https://www.marketwatch.com/story/run-with-the-bulls-dont-worry-about-frothy-markets-until-s-p-500-hits-6-250-says-socgen-f56ef02a?mod=home-page

All I needed was the headline, but they threw in some colorful charts and lots of words too... 

[Exflyboy]

‘Run with the bulls.’ Don’t worry about the S&P 500 until it reaches 6,250, says SocGen - https://www.marketwatch.com/story/run-with-the-bulls-dont-worry-about-frothy-markets-until-s-p-500-hits-6-250-says-socgen-f56ef02a?mod=home-page

All I needed was the headline, but they threw in some colorful charts and lots of words too...

Well thank God for this article because another one I saw yesterday aid after bit more of a run-up we will have the worst stock market crash since 1929!!!

I nearly shorted the S&P as a result!

[Heckler]

‘Run with the bulls.’ Don’t worry about the S&P 500 until it reaches 6,250, says SocGen - https://www.marketwatch.com/story/run-with-the-bulls-dont-worry-about-frothy-markets-until-s-p-500-hits-6-250-says-socgen-f56ef02a?mod=home-page

All I needed was the headline, but they threw in some colorful charts and lots of words too...

Well thank God for this article because another one I saw yesterday aid after bit more of a run-up we will have the worst stock market crash since 1929!!!

I nearly shorted the S&P as a result!

Uh oh!   You’d better check the article again!

“A previous version of this article gave an incorrect S&P 500 target level in the headline. The story has been corrected.“

[aboatguy]

TOP IS IN!

[ChpBstrd]

TOP IS IN!

Is that my portfolio?

[techwiz]

Top is in!

[Heckler]

No need to panic, the article had an incorrect S&P500 target level.  It’s been corrected.

https://www.marketwatch.com/story/run-with-the-bulls-dont-worry-about-frothy-markets-until-s-p-500-hits-6-250-says-socgen-f56ef02a?mod=home-page

[aboatguy]

TOP IS IN!

Is that my portfolio?

  I don't know what's in your portfolio, but at times it reflects mine!

[Exflyboy]

Gosh another all time closing high on the S&P.. Beginning to think the top will never be in!

[zolotiyeruki]

Gosh another all time closing high on the S&P.. Beginning to think the top will never be in!

Such heresy!  The gall you must possess to spread such heretical nonsense!

[ATtiny85]

Gosh another all time closing high on the S&P.. Beginning to think the top will never be in!

Such heresy!  The gall you must possess to spread such heretical nonsense!

He is just trying to get a rise out of us. Which is impossible to do since we have no way to rise with the Top is in.

[dragoncar]

I’m such a retail.  I’ve been waiting all year to reinvest dividends for reasons and of course now I feel urgency to finally pull the trigger because the top is in

I know it’s time in market but I can’t help my subconscious market timing

[Tyson]

I’m such a retail.  I’ve been waiting all year to reinvest dividends for reasons and of course now I feel urgency to finally pull the trigger because the top is in

I know it’s time in market but I can’t help my subconscious market timing

Don't become a junioroldtimer. 

[maizefolk]

I'm having the opposite problem (but still a strong case of market timing-itis): Forgot to reinvest some dividends in my individual stocks brokerage account and now I can't make myself pull the trigger with prices continuing to go up.

[MrGreen]

Another weekday, another all-time high.

[Exflyboy]

Bound to crash tomorrow then!

[RWD]

I'm having the opposite problem (but still a strong case of market timing-itis): Forgot to reinvest some dividends in my individual stocks brokerage account and now I can't make myself pull the trigger with prices continuing to go up.

You don't have it set to automatically reinvest?

[aboatguy]

Triple Top is in!

[dandarc]

I'm having the opposite problem (but still a strong case of market timing-itis): Forgot to reinvest some dividends in my individual stocks brokerage account and now I can't make myself pull the trigger with prices continuing to go up.

You don't have it set to automatically reinvest?

In taxable account, some folks prefer to have fewer lots to manage or to pull cash from accumulated dividends as-needed vs. having to sell shares if they need to pull funds from the account.

[Exflyboy]

I'm having the opposite problem (but still a strong case of market timing-itis): Forgot to reinvest some dividends in my individual stocks brokerage account and now I can't make myself pull the trigger with prices continuing to go up.

You don't have it set to automatically reinvest?

In taxable account, some folks prefer to have fewer lots to manage or to pull cash from accumulated dividends as-needed vs. having to sell shares if they need to pull funds from the account.

Yup thats what I do. The dividends and rental income just about cover our yearly expenses.

[dragoncar]

I'm having the opposite problem (but still a strong case of market timing-itis): Forgot to reinvest some dividends in my individual stocks brokerage account and now I can't make myself pull the trigger with prices continuing to go up.

You don't have it set to automatically reinvest?

In taxable account, some folks prefer to have fewer lots to manage or to pull cash from accumulated dividends as-needed vs. having to sell shares if they need to pull funds from the account.

Yeah in theory I use dividend reinvestment to do some rebalancing.  I also was waiting mostly because cash was paying 5% and the market seemed high so… shows what I know!

[dougules]

2 1/2 years into FIRE I'm still a little surprised when I check the S&P 500 and realize the market is actually open and it's not Saturday or after hours. 

[JAYSLOL]

2 1/2 years into FIRE I'm still a little surprised when I check the S&P 500 and realize the market is actually open and it's not Saturday or after hours.

Reminds me of that tweet from MMM from a while back that went something like “as an early retiree, I don’t always know what day of the week it is, but when I do, I enjoy finding out that it’s Monday”

[aboatguy]

Looking mighty Toppy outside.

Dow
39,781.37

S&P 500 Index
5,241.53

NASDAQ Index
16,401.84



TOP IS IN. 

[aboatguy]

Dow
39,475.90
 
S&P 500
5,234.18

NASDAQ
16,428.82
 

Top was in

[2Birds1Stone]

Hussman would agree......sort of (we are in a speculative bubble at this point, based on fundamentals).

https://www.hussmanfunds.com/comment/mc240321/

[aboatguy]

looks like a long way down

[ATtiny85]

What a sneaky top we have these days. One really needs to know where to look for it.

[MrGreen]

All I do is TOP TOP TOP no matter what!
Got the TOP on my mind, I can never get enough
And every time I step up in the building, everybody line go up
And they stay there

[Exflyboy]

What a sneaky top we have these days. One really needs to know where to look for it.

Oh don't worry I rolled all my old 401k's into a single IRA and that was completed this morning. Even though the roll was all within Fidelity, they sold everything to $1.3m cash and I had to go in an allocate to funds today..

In other words I sold "low" and bought at the very peak!

So today is the very top for years to come!..:)

[2Birds1Stone]

What a sneaky top we have these days. One really needs to know where to look for it.

Oh don't worry I rolled all my old 401k's into a single IRA and that was completed this morning. Even though the roll was all within Fidelity, they sold everything to $1.3m cash and I had to go in an allocate to funds today..

In other words I sold "low" and bought at the very peak!

So today is the very top for years to come!..:)

Hopefully you did 50/50 AA (50% MEMECOINS/50% NFT's)

[Exflyboy]

What a sneaky top we have these days. One really needs to know where to look for it.

Oh don't worry I rolled all my old 401k's into a single IRA and that was completed this morning. Even though the roll was all within Fidelity, they sold everything to $1.3m cash and I had to go in an allocate to funds today..

In other words I sold "low" and bought at the very peak!


So today is the very top for years to come!..:)

Hopefully you did 50/50 AA (50% MEMECOINS/50% NFT's)

I was tempted to do something very rash.. like keep the cash and hope the market dropped tomorrow. As that would have been playing with market timing with about 38% of my portfolio I resisted the urge, even though we KNOW the top is in.

It "only" cost me about $6000.. Ouch!

Why they couldn't simply have transferred the same Fidelity assets between the 401k's and the IRA, I have no idea.

Its funny how losing $6k hurts so much but the $140k I gained through taking early retirement packages does not generate the same positive emotion!

[dragoncar]

Well I went ahead and sold some stocks I was holding on margin and rebought in cash (no taxable account).  In the meantime the price dropped a few cents.  So you could say I’m an excellent market timer.  I think my gain more than makes up for your loss, even though they are in no way comparable numerically.  More in the way of late night feelings

[By the River]

Its funny how losing $6k hurts so much but the $140k I gained through taking early retirement packages does not generate the same positive emotion!

Daniel Kahneman, Nobel Prize winning economist died yesterday.  He was the first to describe Loss Aversion and here you are confirming his conjecture, again. 

[Exflyboy]

Its funny how losing $6k hurts so much but the $140k I gained through taking early retirement packages does not generate the same positive emotion!

Daniel Kahneman, Nobel Prize winning economist died yesterday.  He was the first to describe Loss Aversion and here you are confirming his conjecture, again.

Yup, whats more I didn't actually lose anything.. I just didn't make the $6k with the market rising. Humans are a funny bunch!

[VaCPA]

I transferred my brokerage. Previously I had ~20% of it sitting in index funds, the rest MM funds. Currently I'm all MM after transferring. Keep it that way or adjust to my previous allocation. Market timers(the good ones), let me know

[2Birds1Stone]

Definitely all in on Buttcoin

[PhilB]

I transferred my brokerage. Previously I had ~20% of it sitting in index funds, the rest MM funds. Currently I'm all MM after transferring. Keep it that way or adjust to my previous allocation. Market timers(the good ones), let me know

It's good to see someone who believes in the great prophet Thorstache and is prepared to suffer for their beliefs :)

[Exflyboy]

I transferred my brokerage. Previously I had ~20% of it sitting in index funds, the rest MM funds. Currently I'm all MM after transferring. Keep it that way or adjust to my previous allocation. Market timers(the good ones), let me know

It's good to see someone who believes in the great prophet Thorstache and is prepared to suffer for their beliefs :)

Ouch! But hey VaCPA might be right and then you'll get to eat your words!

I mean, even a stopped clock is right twice per day!

[VaCPA]

I transferred my brokerage. Previously I had ~20% of it sitting in index funds, the rest MM funds. Currently I'm all MM after transferring. Keep it that way or adjust to my previous allocation. Market timers(the good ones), let me know

It's good to see someone who believes in the great prophet Thorstache and is prepared to suffer for their beliefs :)

Hey, I said the good market timers ;)

[Heckler]

I transferred my brokerage. Previously I had ~20% of it sitting in index funds, the rest MM funds. Currently I'm all MM after transferring. Keep it that way or adjust to my previous allocation. Market timers(the good ones), let me know

It's good to see someone who believes in the great prophet Thorstache and is prepared to suffer for their beliefs :)

Hey, I said the good market timers ;)

If you want the answer, you can sign up for my monthly newsletter, like and subscribe to my channel for daily market updates!

[ChpBstrd]

Definitely all in on Buttcoin

definitely going to moon

[Phenix]

Definitely all in on Buttcoin

definitely going to moon

Keep an eye out for a bare market

[EscapeVelocity2020]

Definitely all in on Buttcoin

definitely going to moon

Keep an eye out for a bare market

I just read an article that it was about to dump, are you willing to hold your nose and stay all in?

[GuitarStv]

Definitely all in on Buttcoin

definitely going to moon

Keep an eye out for a bare market

I just read an article that it was about to dump, are you willing to hold your nose and stay all in?

If I'm following the analysis here - you're saying that it's all going down the toilet?

[ChpBstrd]

Definitely all in on Buttcoin

definitely going to moon

Keep an eye out for a bare market

I just read an article that it was about to dump, are you willing to hold your nose and stay all in?

If I'm following the analysis here - you're saying that it's all going down the toilet?

When the tide goes out, we'll see who has been investing in Buttcoin.

[Phenix]

Definitely all in on Buttcoin

definitely going to moon

Keep an eye out for a bare market

I just read an article that it was about to dump, are you willing to hold your nose and stay all in?

If I'm following the analysis here - you're saying that it's all going down the toilet?

When the tide goes out, we'll see who has been investing in Buttcoin.

wiping will be a reality check

[MrGreen]

Definitely all in on Buttcoin

That's standard, bro!

[jeroly]

Definitely all in on Buttcoin

That's standard, bro!

As in, American Standard [tm]?

[techwiz]

wiping will be a reality check

When you realize, too late, that there is no more Toilet Paper

Spoiler: show

there Bidets like this


Top is in!