Author Topic: Top is in  (Read 413111 times)

secondcor521

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Re: Top is in
« Reply #1300 on: December 01, 2017, 09:43:37 PM »
Looks like the clowns in washington are about to push through the tax plan.. apparently the hand scribbled amendments are un-readable.. But that doesn't matter as long as we get a tax cut for the corporations which will mean...

The top is NOT in.. Wahahhahahaha!!!!!

Wrong thread.  This thread is for fun.

P.S. - Top is in.
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Exflyboy

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Re: Top is in
« Reply #1301 on: December 02, 2017, 12:09:32 AM »
I was having fun.. Either way, the top is DEFINITELY not in now.. well maybe.

wienerdog

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Re: Top is in
« Reply #1302 on: December 02, 2017, 06:27:32 AM »
I was having fun.. Either way, the top is DEFINITELY not in now.. well maybe.

Thorstach dump his load a little early?  LOL  Should have read the news to make sure they were done.

Davids

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Re: Top is in
« Reply #1303 on: December 02, 2017, 06:58:45 AM »
Over/Under for Monday the Dow going up 400 points. Place your bets.

TomTX

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Re: Top is in
« Reply #1304 on: December 02, 2017, 08:32:30 AM »
I was having fun.. Either way, the top is DEFINITELY not in now.. well maybe.

Thorstach dump his load a little early?  LOL  Should have read the news to make sure they were done.

I thought he dumped his load in 2013...
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Retire-Canada

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Re: Top is in
« Reply #1305 on: December 02, 2017, 08:51:41 AM »

headwinds

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Re: Top is in
« Reply #1306 on: December 02, 2017, 07:46:48 PM »

sol

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Re: Top is in
« Reply #1307 on: December 02, 2017, 07:57:07 PM »
Poledancers love bitcoin, top is in.

Are they buying naked shorts?

headwinds

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Re: Top is in
« Reply #1308 on: December 02, 2017, 09:30:22 PM »
How do you tuck a bitcoin into a g-string anyway?

Retire-Canada

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Re: Top is in
« Reply #1309 on: December 02, 2017, 09:48:58 PM »
How do you tuck a bitcoin into a g-string anyway?

If you have to ask you don't need to know.

MrDelane

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Re: Top is in
« Reply #1310 on: December 02, 2017, 10:52:11 PM »
As a quick update to my earlier numbers... at this point my gains (not including my own contributions) are over $100K since this thread began in April.

Given the other numbers that were thrown out in September when we first started tallying gains, I think it's safe to assume posters in this thread have gained over $1 million since the start of this thread (unless of course they took the OP seriously).

Mr Mark

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Re: Top is in
« Reply #1311 on: December 03, 2017, 09:42:09 AM »
Just wait til markets open Monday post tax plan passing. Bottom is in.
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aspiringnomad

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Re: Top is in
« Reply #1312 on: December 03, 2017, 10:09:56 AM »
Just wait til markets open Monday post tax plan passing. Bottom is in.

S&P futures are actually down at the moment: https://www.bloomberg.com/quote/ES1:IND

Buy the rumor, sell the news I suppose...

TomTX

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Re: Top is in
« Reply #1313 on: December 03, 2017, 11:14:41 AM »
Just wait til markets open Monday post tax plan passing. Bottom is in.

S&P futures are actually down at the moment: https://www.bloomberg.com/quote/ES1:IND

Buy the rumor, sell the news I suppose...

Doesn't Congress need to reconcile the House and Senate versions in conference, then actually pass identical bills?

In other news: Top is in!
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sol

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Re: Top is in
« Reply #1314 on: December 03, 2017, 02:08:33 PM »
Doesn't Congress need to reconcile the House and Senate versions in conference, then actually pass identical bills?

I think everyone expects the House to just vote on (and pass) the Senate bill as-is.  They won't try to change it, for fear of derailing the process.  No reconciliation necessary.  The Senate bill will become law.  The House bill was just for practice, and doesn't actually mean anything.

ILikeDividends

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Re: Top is in
« Reply #1315 on: December 03, 2017, 02:23:33 PM »
Doesn't Congress need to reconcile the House and Senate versions in conference, then actually pass identical bills?

I think everyone expects the House to just vote on (and pass) the Senate bill as-is.  They won't try to change it, for fear of derailing the process.  No reconciliation necessary.  The Senate bill will become law.  The House bill was just for practice, and doesn't actually mean anything.

Agree.  Furthermore, the house bill passed with more votes than needed; they can afford to lose a few representatives.  Not many, but a few.  There's just no wriggle room to lose support in the Senate version.
« Last Edit: December 03, 2017, 02:35:33 PM by ILikeDividends »

Retire-Canada

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Re: Top is in
« Reply #1316 on: December 03, 2017, 02:23:57 PM »
I think everyone expects the House to just vote on (and pass) the Senate bill as-is.  They won't try to change it, for fear of derailing the process.  No reconciliation necessary.  The Senate bill will become law.  The House bill was just for practice, and doesn't actually mean anything.

Some discussion on the next moves for the tax bill from Politico: https://www.politico.com/story/2017/12/02/tax-reform-whats-next-201078?lo=ap_b1

Exflyboy

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Re: Top is in
« Reply #1317 on: December 03, 2017, 07:10:20 PM »
S&P 500 futures are up by almost 16 points.

https://finance.yahoo.com/quote/ES%3DF?p=ES%3DF

Top NOT in.

aspiringnomad

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Re: Top is in
« Reply #1318 on: December 03, 2017, 07:12:11 PM »
Just wait til markets open Monday post tax plan passing. Bottom is in.

S&P futures are actually down at the moment: https://www.bloomberg.com/quote/ES1:IND

Buy the rumor, sell the news I suppose...

Update: now they're up 0.6%. Top not in.

headwinds

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Re: Top is in
« Reply #1319 on: December 03, 2017, 10:22:39 PM »


Top is in.

boarder42

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Re: Top is in
« Reply #1320 on: December 04, 2017, 04:56:50 AM »
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talltexan

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Re: Top is in
« Reply #1321 on: December 04, 2017, 06:54:04 AM »
If I was thorstach I'd post here every once in a while just to see how long I could keep the thread going. Did you ever see those experiments with lab rats where they get one reward every 1000 presses on the lever? It's just enough to keep the rat busy.

Could this thread have possibly achieved an escape velocity without Thorstach? Will he transition into some type of Satoshi Nakamoto figure, where--in several years when the SP is up above 4,000--people aren't even sure he ever existed?

frugalnacho

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Re: Top is in
« Reply #1322 on: December 04, 2017, 07:23:30 AM »
No, shhh.  He is legend.

farfromfire

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Re: Top is in
« Reply #1323 on: December 04, 2017, 07:31:22 AM »
And..  We open today with all time highs. Top might be in.

Davids

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Re: Top is in
« Reply #1324 on: December 04, 2017, 10:10:09 AM »
Over/Under for Monday the Dow going up 400 points. Place your bets.
I may have overestimated. Looking like a 200-250 point range gain for the Dow.

dougules

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Re: Top is in
« Reply #1325 on: December 04, 2017, 10:38:12 AM »
Over/Under for Monday the Dow going up 400 points. Place your bets.
I may have overestimated. Looking like a 200-250 point range gain for the Dow.

Among other things, why are you paying attention to the Dow instead of the S&P 500. 

JAYSLOL

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Re: Top is in
« Reply #1326 on: December 04, 2017, 12:11:25 PM »
Over/Under for Monday the Dow going up 400 points. Place your bets.
I may have overestimated. Looking like a 200-250 point range gain for the Dow.

Among other things, why are you paying attention to the Dow instead of the S&P 500.

It's more number-y, also the top is in!

Davids

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Re: Top is in
« Reply #1327 on: December 04, 2017, 12:12:13 PM »
Over/Under for Monday the Dow going up 400 points. Place your bets.
I may have overestimated. Looking like a 200-250 point range gain for the Dow.

Among other things, why are you paying attention to the Dow instead of the S&P 500.
I know the S&P is the real index to watch but the Dow is such a nice fun number to look at and it does have decent correlation.

solon

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Re: Top is in
« Reply #1328 on: December 04, 2017, 12:28:03 PM »

Davids

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Re: Top is in
« Reply #1329 on: December 04, 2017, 01:55:41 PM »
THE S&P HAS TURNED NEGATIVE FOR THE DAY. THE TOP IS IN. THE TOP IS IN.

Exflyboy

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Re: Top is in
« Reply #1330 on: December 04, 2017, 02:17:32 PM »
Yup.. Sold the news.. Top is in.

dougules

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Re: Top is in
« Reply #1331 on: December 04, 2017, 03:11:26 PM »
Over/Under for Monday the Dow going up 400 points. Place your bets.
I may have overestimated. Looking like a 200-250 point range gain for the Dow.

Among other things, why are you paying attention to the Dow instead of the S&P 500.
I know the S&P is the real index to watch but the Dow is such a nice fun number to look at and it does have decent correlation.

Correlation with what?  Or am I supposed to ask?

nereo

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Re: Top is in
« Reply #1332 on: December 04, 2017, 03:20:43 PM »
OMG - UBS analyst predicts 25% market gains in 2018 due to "tax fueled growth". 
I love how a failure to pass the tax bill will result in a tumble of prices because they are already 'baked in', but passage will result in a dramatic increase.  Double accounting anyone?

Have we hit  irrational exuberance yet?
https://www.cnbc.com/2017/12/04/ubs-sees-bull-case-for-tax-fueled-25-percent-surge-in-sp-500-next-year.html
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Radagast

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Re: Top is in
« Reply #1333 on: December 04, 2017, 08:19:28 PM »
This thread is at its best during the 72 hours after a new thorstach post.

JAYSLOL

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Re: Top is in
« Reply #1334 on: December 04, 2017, 09:30:34 PM »
This thread is at its best during the 72 hours after a new thorstach post.

You mean the top of the thread is in!!?? 

Posts up, humour spiking. Top of thread is in

anisotropy

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Re: Top is in
« Reply #1335 on: December 05, 2017, 11:22:10 AM »
http://theirrelevantinvestor.com/2017/12/04/this-could-be-the-top/

similar chart(s) to the one Sol generated.

"There were at least four times this year where one could have made a compelling case that it was wise to reduce risk. But most people don’t reduce risk. They’re all in or they’re all out. And you can only do to so many times before your brain turns into actual mush. Sure, this could be the top, but it’s always good to remind yourself that every time stocks fall a little, it feels like they’re going to fall a lot, even if we know they usually don’t."

case in point, so far we are 0/4 this year....

DS

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Re: Top is in
« Reply #1336 on: December 05, 2017, 11:28:35 AM »
http://theirrelevantinvestor.com/2017/12/04/this-could-be-the-top/

similar chart(s) to the one Sol generated.

"There were at least four times this year where one could have made a compelling case that it was wise to reduce risk. But most people don’t reduce risk. They’re all in or they’re all out. And you can only do to so many times before your brain turns into actual mush. Sure, this could be the top, but it’s always good to remind yourself that every time stocks fall a little, it feels like they’re going to fall a lot, even if we know they usually don’t."

case in point, so far we are 0/4 this year....

TLDR but I'm going to assume this says SELL EVERYTHING NOW B4 WE PLUMMET :)

sirdoug007

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Re: Top is in
« Reply #1337 on: December 05, 2017, 02:53:49 PM »
Could it be...  ???

dougules

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Re: Top is in
« Reply #1338 on: December 05, 2017, 03:23:45 PM »
Could it be...  ???


Aren't those all tops?

PizzaSteve

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Re: Top is in
« Reply #1339 on: December 05, 2017, 04:11:19 PM »
If only we could have a topless market...wait....wrong in so many levels..

😁
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Optimiser

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Re: Top is in
« Reply #1340 on: December 05, 2017, 05:36:52 PM »
If only we could have a topless market...wait....wrong in so many levels..

😁

Seems like a bottomless market might be even better...or not

DarkandStormy

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Re: Top is in
« Reply #1341 on: December 06, 2017, 07:08:53 AM »
We missed it, ya'll.  Top was in.  Sell now.  Here comes the crash.  SPY is red, CAPE blah blah blah
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OurTown

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Re: Top is in
« Reply #1342 on: December 06, 2017, 07:49:15 AM »
I sold everything and bought Bitcoin.

dougules

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Re: Top is in
« Reply #1343 on: December 06, 2017, 10:59:52 AM »
I sold everything and bought Bitcoin.

Do we need a "Bitcoin: Top is in" thread?  This thread doesn't say specifically for what the top is in anyway. 

Clean Shaven

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Re: Top is in
« Reply #1344 on: December 06, 2017, 11:08:47 AM »
I sold everything and bought Bitcoin.

Do we need a "Bitcoin: Top is in" thread?  This thread doesn't say specifically for what the top is in anyway.

The top is in for Dutch tulips.  It's been in since 1637.

https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp

Optimiser

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Re: Top is in
« Reply #1345 on: December 06, 2017, 11:19:44 AM »
I sold everything and bought Bitcoin.

Do we need a "Bitcoin: Top is in" thread?  This thread doesn't say specifically for what the top is in anyway.

The top is in for Dutch tulips.  It's been in since 1637.

https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp

Actually the bottom is in for the Dutch tulip market. I've been buying them like crazy waiting for the rebound.

JAYSLOL

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Re: Top is in
« Reply #1346 on: December 06, 2017, 12:37:44 PM »
I sold everything and bought Bitcoin.

Do we need a "Bitcoin: Top is in" thread?  This thread doesn't say specifically for what the top is in anyway.

The top is in for Dutch tulips.  It's been in since 1637.

https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp

Actually the bottom is in for the Dutch tulip market. I've been buying them like crazy waiting for the rebound.

Good call, better stock up while prices are low!!  $10k tulips are just around the corner! 

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Re: Top is in
« Reply #1347 on: December 06, 2017, 01:38:06 PM »
No, shhh.  He is legend.

+1 for the ATHF reference. "One convenient locations...In Africa."
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Apple_Tango

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Re: Top is in
« Reply #1348 on: December 06, 2017, 03:24:09 PM »
I sold everything and bought Bitcoin.

Do we need a "Bitcoin: Top is in" thread?  This thread doesn't say specifically for what the top is in anyway.

Top is in for Bitcoin!! Lol. It's over $13,600 this hour.
It's a lateral freeze down during the melt up.  Soon to be followed by the transverse falling bounce and the transient index inversion short, both of which are also strong sell signals in this buyer's market.

JAYSLOL

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Re: Top is in
« Reply #1349 on: December 06, 2017, 03:45:07 PM »
I sold everything and bought Bitcoin.

Do we need a "Bitcoin: Top is in" thread?  This thread doesn't say specifically for what the top is in anyway.

Top is in for Bitcoin!! Lol. It's over $13,600 this hour.

To be fair, I thought the top was in when it hit $5,500.  Astounded it's gone this high this fast and many people think the party won't end.  Maybe it'll hit $30k first, but it will drop like a rock soon.