Author Topic: Top is in  (Read 411244 times)

solon

  • Handlebar Stache
  • *****
  • Posts: 1301
  • Age: 1817
  • Location: CO
Re: Top is in
« Reply #1450 on: December 18, 2017, 04:41:33 PM »
Smart money is in bitcoin. Time to move your retirement funds there.

OurTown

  • Pencil Stache
  • ****
  • Posts: 796
  • Age: 48
  • Location: Tennessee
Re: Top is in
« Reply #1451 on: December 18, 2017, 05:23:46 PM »
I store all my bitcoins in my safety deposit box.

aspiringnomad

  • Pencil Stache
  • ****
  • Posts: 709
Re: Top is in
« Reply #1452 on: December 18, 2017, 09:34:23 PM »
I wonder how many posters will be in this thread if we have a 20% correction.

You better believe that if/when there's a 20% drop these hills will be alive with the sound of thorstach crowing about his market timing skills and hawking his bouncy dead cats for anyone who wants to sell all their shares to buy one. Some of us may not return daily for that scene, but rest assured that the the top will eventually roar back, so will we, and so will the live bouncy cats.







Clean Shaven

  • Pencil Stache
  • ****
  • Posts: 762
  • Location: Wild Wild West
Re: Top is in
« Reply #1453 on: December 18, 2017, 10:33:45 PM »
Smart money is in bitcoin. Time to move your retirement funds there.
What about Chuck E Cheese coins? Those are valuable too.

https://gizmodo.com/no-a-guy-didnt-scam-1-million-by-selling-chuck-e-che-1821382567

Mr Mark

  • Handlebar Stache
  • *****
  • Posts: 1147
  • Location: Planet Earth
  • Achieved Financial Independence summer 2014. RE'18
Re: Top is in
« Reply #1454 on: December 18, 2017, 11:23:16 PM »
I store all my bitcoins in my safety deposit box.

...under my gold and silver coins and rare beanie babies https://www.completeset.com/stories/the-10-most-valuable-beanie-babies
Mr. Mark

$25 free for your hotel stays by using this link to join  Booking.com https://www.booking.com/s/27_8/ef1fdaad

aboatguy

  • Stubble
  • **
  • Posts: 119
Re: Top is in
« Reply #1455 on: December 19, 2017, 05:49:34 AM »

Cycling Stache

  • Bristles
  • ***
  • Posts: 447
  • Age: 42
Re: Top is in
« Reply #1456 on: December 19, 2017, 09:04:49 AM »
Due to the recent rallies and arguably "bubble valuations", has anyone taken say 2 or even 3 years out of the portfolio so they can run on cash if it were to dip? Better than pulling 4% from a portfolio that got split in half.

Just an idea

You mean market timing?  This is a 30-page thread dedicated entirely to making fun of that concept!

tyort1

  • Handlebar Stache
  • *****
  • Posts: 1901
  • Age: 46
  • Location: Denver, Colorado
Re: Top is in
« Reply #1457 on: December 19, 2017, 04:14:04 PM »
I wonder how many posters will be in this thread if we have a 20% correction.

You better believe that if/when there's a 20% drop these hills will be alive with the sound of thorstach crowing about his market timing skills and hawking his bouncy dead cats for anyone who wants to sell all their shares to buy one. Some of us may not return daily for that scene, but rest assured that the the top will eventually roar back, so will we, and so will the live bouncy cats.






thorstache learned very well from the religious cults.  When the date of your prediction of doom comes and goes without incident, just move your prediction to a later date!  l
Frugalite in training.

markbike528CBX

  • Pencil Stache
  • ****
  • Posts: 672
  • Location: the Everbrown part of the Evergreen State (WA)
Re: Top is in
« Reply #1458 on: December 19, 2017, 08:37:07 PM »
Due to the recent rallies and arguably "bubble valuations", has anyone taken say 2 or even 3 years out of the portfolio so they can run on cash if it were to dip? Better than pulling 4% from a portfolio that got split in half.

Just an idea

You mean market timing?  This is a 30-page thread dedicated entirely to making fun of that concept
+1.  Succinct , true, pithy.

rab

  • 5 O'Clock Shadow
  • *
  • Posts: 92
Re: Top is in
« Reply #1459 on: December 20, 2017, 08:35:03 AM »
Jim Mellon: US equities fully valued, close to a top, global bonds in bubble-like territory
 
https://www.cnbc.com/video/2017/12/20/jim-mellon-us-equities-fully-valued-close-to-a-top-global-bonds-in-bubble-like-territory.html

Top is in today!

solon

  • Handlebar Stache
  • *****
  • Posts: 1301
  • Age: 1817
  • Location: CO
Re: Top is in
« Reply #1460 on: December 20, 2017, 08:45:18 AM »
S&P down 2 days in a row! This is it people!

sol

  • Walrus Stache
  • *******
  • Posts: 6643
  • Age: 41
  • Location: Pacific Northwest
Re: Top is in
« Reply #1461 on: December 20, 2017, 10:32:11 AM »
S&P down 2 days in a row! This is it people!

The indexes are poised to post 12 consecutive months of gains in a single calendar year for the first time in history.

Are we getting tired of so much winning yet?

frugalnacho

  • Magnum Stache
  • ******
  • Posts: 3137
  • Age: 35
  • Location: Madison Heights, Michigan
Re: Top is in
« Reply #1462 on: December 20, 2017, 11:00:31 AM »


Everyone's accounts go up...and they stay there!

tyort1

  • Handlebar Stache
  • *****
  • Posts: 1901
  • Age: 46
  • Location: Denver, Colorado
Re: Top is in
« Reply #1463 on: December 20, 2017, 01:05:54 PM »
S&P down 2 days in a row! This is it people!

The indexes are poised to post 12 consecutive months of gains in a single calendar year for the first time in history.

Are we getting tired of so much winning yet?

Said in my best gangsta voice:  “Worriers gonna worry!”
Frugalite in training.

solon

  • Handlebar Stache
  • *****
  • Posts: 1301
  • Age: 1817
  • Location: CO
Re: Top is in
« Reply #1464 on: December 21, 2017, 01:28:55 PM »

aboatguy

  • Stubble
  • **
  • Posts: 119
Re: Top is in
« Reply #1465 on: December 21, 2017, 06:04:23 PM »

PizzaSteve

  • Pencil Stache
  • ****
  • Posts: 851
Re: Top is in
« Reply #1466 on: December 21, 2017, 11:14:58 PM »



via Imgflip Meme Generator
Bull markets inspire this sort of stuff.  Hold the course when the pain begins.  40 years of experience here....have fun!
All posts are opinions of the author subject to independent verification by the reader.  No representations of fact are asserted regarding commercial products or services.

tyort1

  • Handlebar Stache
  • *****
  • Posts: 1901
  • Age: 46
  • Location: Denver, Colorado
Re: Top is in
« Reply #1467 on: December 22, 2017, 04:40:47 AM »
The indexes are poised to post 12 consecutive months of gains in a single calendar year for the first time in history.

Are we getting tired of so much winning yet?

Frugalite in training.

Clean Shaven

  • Pencil Stache
  • ****
  • Posts: 762
  • Location: Wild Wild West
Re: Top is in
« Reply #1468 on: December 22, 2017, 07:27:59 AM »

retireatbirth

  • Bristles
  • ***
  • Posts: 254
Re: Top is in
« Reply #1469 on: December 22, 2017, 07:36:59 AM »
Investors are flocking to gold now that the top is in

markbike528CBX

  • Pencil Stache
  • ****
  • Posts: 672
  • Location: the Everbrown part of the Evergreen State (WA)
Re: Top is in
« Reply #1470 on: December 22, 2017, 09:13:29 AM »
Due to the recent rallies and arguably "bubble valuations", has anyone taken say 2 or even 3 years out of the portfolio so they can run on cash if it were to dip? Better than pulling 4% from a portfolio that got split in half.

Just an idea

You mean market timing?  This is a 30-page thread dedicated entirely to making fun of that concept
+1.  Succinct , true, pithy.

I'd like to apologize to Tonyahu, as on the thread http://forum.mrmoneymustache.com/investor-alley/i-don't-believe-in-the-4-rule-anymore/ ,  Tonyahu is getting hassled for NOT market timing.  Tonyahu has a large bitcoin position, and nearly everyone says "the bitcoin top is in, run for the hills".

dougules

  • Handlebar Stache
  • *****
  • Posts: 1185
  • Location: AL
Re: Top is in
« Reply #1471 on: December 22, 2017, 09:38:14 AM »
Due to the recent rallies and arguably "bubble valuations", has anyone taken say 2 or even 3 years out of the portfolio so they can run on cash if it were to dip? Better than pulling 4% from a portfolio that got split in half.

Just an idea

You mean market timing?  This is a 30-page thread dedicated entirely to making fun of that concept
+1.  Succinct , true, pithy.

I'd like to apologize to Tonyahu, as on the thread http://forum.mrmoneymustache.com/investor-alley/i-don't-believe-in-the-4-rule-anymore/ ,  Tonyahu is getting hassled for NOT market timing.  Tonyahu has a large bitcoin position, and nearly everyone says "the bitcoin top is in, run for the hills".

The way I see it any time is a good time to get out of bitcoin. 

CoffeeR

  • Stubble
  • **
  • Posts: 115
  • Location: Southwest
Re: Top is in
« Reply #1472 on: December 22, 2017, 09:55:25 AM »
Quote from: dougules link=topic=71868.msg1820892#msg1820892
The way I see it any time is a good time to get out of bitcoin.
You are wrong! Wrong, wrong, wrong! The best time to get out of bitcoin is at the TOP. Why leave money on the table???

dycker1978

  • Pencil Stache
  • ****
  • Posts: 767
  • Age: 39
  • Location: Regina, Saskatchewan, Canada
Re: Top is in
« Reply #1473 on: December 22, 2017, 11:09:41 AM »
Quote from: dougules link=topic=71868.msg1820892#msg1820892
The way I see it any time is a good time to get out of bitcoin.
You are wrong! Wrong, wrong, wrong! The best time to get out of bitcoin is at the TOP. Why leave money on the table???

Well its down 20% today and 35% since its top...

CoffeeR

  • Stubble
  • **
  • Posts: 115
  • Location: Southwest
Re: Top is in
« Reply #1474 on: December 22, 2017, 12:09:56 PM »
Quote from: dougules link=topic=71868.msg1820892#msg1820892
The way I see it any time is a good time to get out of bitcoin.
You are wrong! Wrong, wrong, wrong! The best time to get out of bitcoin is at the TOP. Why leave money on the table???
Well its down 20% today and 35% since its top...
Well if it does not recover you know when you should have sold! I don't get it, why can't people follow simple instructions and sell at the top? Buy low (at the bottom), sell high (at the top)! Simple. Real simple.

BTDretire

  • Handlebar Stache
  • *****
  • Posts: 2053
Re: Top is in
« Reply #1475 on: December 22, 2017, 12:41:46 PM »
Quote from: dougules link=topic=71868.msg1820892#msg1820892
The way I see it any time is a good time to get out of bitcoin.
You are wrong! Wrong, wrong, wrong! The best time to get out of bitcoin is at the TOP. Why leave money on the table???

Well its down 20% today and 35% since its top...
A few days ago CNBC had a teenager that had 401 bitcoins, he said he's not selling.
He is down $2,320,000 today, poor kid only, he has $5,382,000 left.

dycker1978

  • Pencil Stache
  • ****
  • Posts: 767
  • Age: 39
  • Location: Regina, Saskatchewan, Canada
Re: Top is in
« Reply #1476 on: December 22, 2017, 12:53:10 PM »
Quote from: dougules link=topic=71868.msg1820892#msg1820892
The way I see it any time is a good time to get out of bitcoin.
You are wrong! Wrong, wrong, wrong! The best time to get out of bitcoin is at the TOP. Why leave money on the table???
Well its down 20% today and 35% since its top...
Well if it does not recover you know when you should have sold! I don't get it, why can't people follow simple instructions and sell at the top? Buy low (at the bottom), sell high (at the top)! Simple. Real simple.

I cant follow instructions and sell my bit coins... because I forgot to buy them...

solon

  • Handlebar Stache
  • *****
  • Posts: 1301
  • Age: 1817
  • Location: CO
Re: Top is in
« Reply #1477 on: December 22, 2017, 01:01:57 PM »

CoffeeR

  • Stubble
  • **
  • Posts: 115
  • Location: Southwest
Re: Top is in
« Reply #1478 on: December 22, 2017, 01:08:11 PM »
Quote from: dougules link=topic=71868.msg1820892#msg1820892
The way I see it any time is a good time to get out of bitcoin.
You are wrong! Wrong, wrong, wrong! The best time to get out of bitcoin is at the TOP. Why leave money on the table???
Well its down 20% today and 35% since its top...
Well if it does not recover you know when you should have sold! I don't get it, why can't people follow simple instructions and sell at the top? Buy low (at the bottom), sell high (at the top)! Simple. Real simple.
I cant follow instructions and sell my bit coins... because I forgot to buy them...
You and me both. I forgot to buy them as well... It's OK though, the principal here is broader then bitcoin. Just make sure you sell your stocks at the top!!! This way you maximize your profit. Then do not forget to load up again on stocks at the bottom.

Optimiser

  • Pencil Stache
  • ****
  • Posts: 535
  • Age: 35
  • Location: PNW
Re: Top is in
« Reply #1479 on: December 22, 2017, 01:24:49 PM »
... the principal here is broader then bitcoin. Just make sure you sell your stocks at the top!!! This way you maximize your profit. Then do not forget to load up again on stocks at the bottom.


aboatguy

  • Stubble
  • **
  • Posts: 119
Re: Top is in
« Reply #1480 on: December 22, 2017, 05:34:14 PM »



via Imgflip Meme Generator
Bull markets inspire this sort of stuff.  Hold the course when the pain begins.  40 years of experience here....have fun!

I don't have 40 years market experience yet but I remember the pain of the asian flu, dot com bubble and etc.......good news is my wife and I have been living on my military retirement since 2013 and banking all of our other income so our investments are there to leave a legacy for the kids/grandkids or if I hit my dream number a 1962 GTO. So a bear market is just another chance to buy bargains............(living on retirement means there's money left over, currently I love my job so we've be OMY)


Back to topic; on paper my wife's vanguard account decreased a CTS-V today but the
TOP is not in!
« Last Edit: December 22, 2017, 05:42:35 PM by aboatguy »

RWD

  • Handlebar Stache
  • *****
  • Posts: 2042
  • Location: Mississippi
Re: Top is in
« Reply #1481 on: December 22, 2017, 08:04:39 PM »
[...] or if I hit my dream number a 1962 GTO.
You must have a huge dream number... I'm assuming you're talking about the Ferrari 250 GTO and not the Pontiac GTO (which was not built in 1962)
http://www.latimes.com/business/autos/la-fi-hy-70-million-dollar-ferrari-sale-20140814-story.html

aboatguy

  • Stubble
  • **
  • Posts: 119
Re: Top is in
« Reply #1482 on: December 25, 2017, 05:37:49 PM »
[...] or if I hit my dream number a 1962 GTO.
You must have a huge dream number... I'm assuming you're talking about the Ferrari 250 GTO and not the Pontiac GTO (which was not built in 1962)
http://www.latimes.com/business/autos/la-fi-hy-70-million-dollar-ferrari-sale-20140814-story.html

Correct, dreaming large and the GTO has been a great inflation hedge for those lucky enough to own one!

frugledoc

  • Pencil Stache
  • ****
  • Posts: 538
Re: Top is in
« Reply #1483 on: December 27, 2017, 10:39:18 AM »
SP500 and DJIA failing to break critical support levels, top must be in

talltexan

  • Handlebar Stache
  • *****
  • Posts: 1506
Re: Top is in
« Reply #1484 on: December 28, 2017, 06:57:42 AM »
Quote from: dougules link=topic=71868.msg1820892#msg1820892
The way I see it any time is a good time to get out of bitcoin.
You are wrong! Wrong, wrong, wrong! The best time to get out of bitcoin is at the TOP. Why leave money on the table???

Well its down 20% today and 35% since its top...
A few days ago CNBC had a teenager that had 401 bitcoins, he said he's not selling.
He is down $2,320,000 today, poor kid only, he has $5,382,000 left.

I told all my co-workers that they would know if I bought Bitcoin because I'd suddenly SHUT UP ABOUT IT. Cannot see the sense in advertising that kind of wealth on TV.

secondcor521

  • Handlebar Stache
  • *****
  • Posts: 1539
  • Age: 49
  • Location: Boise, Idaho
  • Big cattle, no hat.
    • Age of Eon - Overwatch player videos
Re: Top is in
« Reply #1485 on: December 28, 2017, 03:54:47 PM »
Top is in for the 71st time this year.
Like Overwatch?  Check out this YouTube channel:  http://bit.ly/AgeOfEon

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 5312
  • Age: 56
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #1486 on: December 28, 2017, 05:22:07 PM »
Top is in for the 71st time this year.

S&P is 7.5 points below the top.. The top is ancient history....:)

Financial.Velociraptor

  • Handlebar Stache
  • *****
  • Posts: 1206
  • Age: 45
  • Location: Houston TX
  • Devour your prey raptors!
    • Financial Velociraptor
Re: Top is in
« Reply #1487 on: December 29, 2017, 08:56:11 AM »
Front and second month futures for WTI crude AND Henry Hub gas are both in backwardation.  Double Top is in!
Achieve Financial Escape Velocity - Financial Velociraptor

JAYSLOL

  • Pencil Stache
  • ****
  • Posts: 851
Re: Top is in
« Reply #1488 on: December 29, 2017, 09:42:35 PM »
Top for the year is in!!! Its all downhill for the rest of 2017!!

Clean Shaven

  • Pencil Stache
  • ****
  • Posts: 762
  • Location: Wild Wild West
Re: Top is in
« Reply #1489 on: December 31, 2017, 08:27:21 AM »
Yes, top is in. I guarantee no more gains for 2017.

retireatbirth

  • Bristles
  • ***
  • Posts: 254
Re: Top is in
« Reply #1490 on: December 31, 2017, 04:20:49 PM »
Top for the year is in!!! Its all downhill for the rest of 2017!!

It's such a bloodbath they are closing the markets on Jan 1

Retire-Canada

  • Walrus Stache
  • *******
  • Posts: 5922
Re: Top is in
« Reply #1491 on: December 31, 2017, 05:32:18 PM »
It's coming up on NYE so I just wanted to say...TOP IS IN!

dividendman

  • Handlebar Stache
  • *****
  • Posts: 1064
  • Age: 35
Re: Top is in
« Reply #1492 on: January 02, 2018, 11:28:30 AM »
New year, new top.

nereo

  • Walrus Stache
  • *******
  • Posts: 7851
  • Location: la belle province
    • Here's how you can support science today:
Re: Top is in
« Reply #1493 on: January 02, 2018, 11:29:11 AM »
New year, new top.
so all previous top calls are now null and void?  Great!
"Do not confuse complexity with superiority"

dragoncar

  • Walrus Stache
  • *******
  • Posts: 7891
  • Registered member
Re: Top is in
« Reply #1494 on: January 02, 2018, 12:03:47 PM »
New year, new top.
so all previous top calls are now null and void?  Great!

We are literally at an all-year high.  Top is IN

dougules

  • Handlebar Stache
  • *****
  • Posts: 1185
  • Location: AL
Re: Top is in
« Reply #1495 on: January 02, 2018, 01:37:46 PM »
New year, new top.
so all previous top calls are now null and void?  Great!

We are literally at an all-year high.  Top is IN

And I'm pretty sure we're headed for the highest YTD close. 

sol

  • Walrus Stache
  • *******
  • Posts: 6643
  • Age: 41
  • Location: Pacific Northwest
Re: Top is in
« Reply #1496 on: January 02, 2018, 01:54:51 PM »
By my count, we opened this morning at a new YTD high, and since then we've put in eleven new tops over the course of the day.  But the Google ticker only gives you updates every five minutes, so I probably missed a whole bunch.

Clean Shaven

  • Pencil Stache
  • ****
  • Posts: 762
  • Location: Wild Wild West
Re: Top is in
« Reply #1497 on: January 02, 2018, 02:10:57 PM »
Top* is in -- happy new year!






* hat

nereo

  • Walrus Stache
  • *******
  • Posts: 7851
  • Location: la belle province
    • Here's how you can support science today:
Re: Top is in
« Reply #1498 on: January 02, 2018, 02:20:11 PM »
By my count, we opened this morning at a new YTD high, and since then we've put in eleven new tops over the course of the day.  But the Google ticker only gives you updates every five minutes, so I probably missed a whole bunch.

SP500 up 0.83% today - given than this trend will continue throughout the year we can expect the SP500 to be up 209% by year's end.  SP500 will smash right through the 5,000 barrier - buckle up baby!  I'm ordering my model S tomorrow...
"Do not confuse complexity with superiority"

aboatguy

  • Stubble
  • **
  • Posts: 119
Re: Top is in
« Reply #1499 on: January 02, 2018, 02:33:02 PM »
New SP500 top  (2695.79) beat the old intra-day record and set new closing record....

Obviously the Top was not in


IMO TOP still not in.
Mike