Author Topic: Top is in  (Read 3134530 times)

retireatbirth

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Re: Top is in
« Reply #1950 on: February 04, 2018, 05:31:57 PM »
Futures down 0.63%. The bottom is not in!

dragoncar

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Re: Top is in
« Reply #1951 on: February 04, 2018, 06:49:52 PM »
If I say I'm thorstache will the market go back kup?

JAYSLOL

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Re: Top is in
« Reply #1952 on: February 04, 2018, 10:35:17 PM »
If I say I'm thorstache will the market go back kup?

I say go for it, and if it works, you know, insert Spider-Man quote or something

aspiringnomad

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Re: Top is in
« Reply #1953 on: February 04, 2018, 10:44:05 PM »
If I say I'm thorstache will the market go back kup?

I think we all would need to clap to show we truly believe it.

Fomerly known as something

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Re: Top is in
« Reply #1954 on: February 05, 2018, 04:18:08 AM »
The super bowl has and approximately an 80% prediction rate that the top is not in.  In 40 out out of 51 bowls, the top is in if the AFC team team wins, the market will go up if the NFC team won.  Well the Eagles won so the Top is most definitively not it.

SwordGuy

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Re: Top is in
« Reply #1955 on: February 05, 2018, 08:19:56 AM »
The super bowl has and approximately an 80% prediction rate that the top is not in.  In 40 out out of 51 bowls, the top is in if the AFC team team wins, the market will go up if the NFC team won.  Well the Eagles won so the Top is most definitively not it.

I'm waiting for warmer weather to check out the latest in the Hemline Indicator.  Here's hoping the market is going up, up and up!



Of course, I'll settle for an occasional temporary up-tick in the market:



I find stock market investment research strangely compelling...

ender

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Re: Top is in
« Reply #1956 on: February 05, 2018, 08:24:42 AM »
*top was in

RIP investments.

RIP economy.

RIP dreams.

OurTown

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Re: Top is in
« Reply #1957 on: February 05, 2018, 08:37:47 AM »
I am not Thorstache.

GuitarStv

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Re: Top is in
« Reply #1958 on: February 05, 2018, 08:41:46 AM »


Is it just me, or is this woman clearly related to Mark Wahlberg?


DS

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Re: Top is in
« Reply #1959 on: February 05, 2018, 09:35:15 AM »
I am not Thorstache.

But are you thorstach?

thriftyc

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Re: Top is in
« Reply #1960 on: February 05, 2018, 10:02:34 AM »
*top was in

RIP investments.

RIP economy.

RIP dreams.

"Stay the course" - Jack Bogle

dougules

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Re: Top is in
« Reply #1961 on: February 05, 2018, 10:52:25 AM »
#IamnotThorstache

The headlines today are great:

"Dow plunges 665 points as stocks post worst week in 2 years"
"It might be time for some investors to take cover"
"Stock plunge may not end until interest rates stop going up"
"If the S&P 500 drops below this level, traders will start to get really worried"
"Volatile enough? Wall Street's fear gauge on track for largest weekly rise in 5 months "

It's amazing how quickly commentators latch on to hysteria.

Yup, yesterday was my last day of work, and the above is what I saw today on my first day of FIRE. So... my bad, sorry guys. That was definitely the top!

Thanks for taking one for the team.  Stocks were getting so very expensive and it's nice to have a sale. 

aboatguy

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Re: Top is in
« Reply #1962 on: February 05, 2018, 11:58:23 AM »
Is Thorstach going to let everyone know when it is time to get back into the marker?

doneby35

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Re: Top is in
« Reply #1963 on: February 05, 2018, 11:59:44 AM »
Such a great feeling when you buy 60k worth of VTSAX and 2 days later, market begins crashing! damn you top!

OurTown

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Re: Top is in
« Reply #1964 on: February 05, 2018, 12:06:00 PM »
https://www.yardeni.com/pub/sp500corrbear.pdf

When do you catch the falling knife?  -10%?  -20%?

dycker1978

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Re: Top is in
« Reply #1965 on: February 05, 2018, 12:09:18 PM »
so has Trump been tweeting about the market and how it is not his fault yet?

BTDretire

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Re: Top is in
« Reply #1966 on: February 05, 2018, 12:12:48 PM »
The mother of all tops is in.

Gentlemen, I give you:  The Mother of All Tops.



 I'm a little older than you.
This was the top in my day!

OurTown

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Re: Top is in
« Reply #1967 on: February 05, 2018, 12:16:04 PM »
Dude, if this thread is going to devolve into just posting pictures of hot chicks . . .




I'll have to check it more often.

JAYSLOL

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Re: Top is in
« Reply #1968 on: February 05, 2018, 12:22:33 PM »
Is Thorstach going to let everyone know when it is time to get back into the marker?

If it's anything like his first call of the top, it'll be a month late and it'll be wrong. 

ZiziPB

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Re: Top is in
« Reply #1969 on: February 05, 2018, 12:33:09 PM »
Could someone please change the title of the thread?  It should read "Top was in".  Otherwise it's very confusing...

DS

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Re: Top is in
« Reply #1970 on: February 05, 2018, 12:37:29 PM »
Could someone please change the title of the thread?  It should read "Top was in".  Otherwise it's very confusing...

Every second of every day is the top because it will never reach these levels again as it plummets into darkness.

anisotropy

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Re: Top is in
« Reply #1971 on: February 05, 2018, 01:13:13 PM »
Breathe Minions! onward! This IS the dip we've been waiting for all year, eat up and climb!
« Last Edit: February 05, 2018, 01:17:00 PM by anisotropy »

Stache-O-Lantern

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Re: Top is in
« Reply #1972 on: February 05, 2018, 01:15:29 PM »
Yahoo says Dow now down 1500.  It literally dropped 500 points in the time it took me to get some guacamole from the kitchen.  I'd almost forgotten what volatility looked like.  I predict an imminent Thorstache post.

Davids

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Re: Top is in
« Reply #1973 on: February 05, 2018, 01:16:05 PM »
Holy poopies.

sol

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Re: Top is in
« Reply #1974 on: February 05, 2018, 01:18:04 PM »
Everybody panic!  We've already fallen all the way back to where we were on January 1!

You know, the day we were all popping champagne corks to celebrate another 20% rise in 2017.

Get back to me when we're negative for an entire quarter.
« Last Edit: February 05, 2018, 01:52:11 PM by sol »

bacchi

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Re: Top is in
« Reply #1975 on: February 05, 2018, 01:22:52 PM »
Buy, buy! Everybody pile in.

Exflyboy

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Re: Top is in
« Reply #1976 on: February 05, 2018, 01:24:02 PM »
O'm 2 Tesla's down.. Brand new ones..:)

Stache-O-Lantern

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Re: Top is in
« Reply #1977 on: February 05, 2018, 01:26:03 PM »
O'm 2 Tesla's down.. Brand new ones..:)

I could have saved myself a used Toyota if i hadn't got up for guacamole!

Clean Shaven

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Re: Top is in
« Reply #1978 on: February 05, 2018, 01:45:20 PM »
Quick update from thorstach:


Mr. Green

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Re: Top is in
« Reply #1979 on: February 05, 2018, 01:52:46 PM »
You know people are shitting their pants when you try to log into your Vanguard account 15 minutes before the bell closes and the page is still loading several minutes later.

one piece at a time

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Re: Top is in
« Reply #1980 on: February 05, 2018, 01:53:11 PM »
The mother of all tops is in.

Gentlemen, I give you:  The Mother of All Tops.

...

 I'm a little older than you.
This was the top in my day!

I believe the original post was referring to "Top" in the sense of playing a dominant role in ....ahhh..."role play" situations.

MrMoneyMullet

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Re: Top is in
« Reply #1981 on: February 05, 2018, 01:59:30 PM »
I'll get excited and start piling money in if the market drops another 15%-30%. Otherwise it's just noise.

Although I am getting some excellent farcical entertainment. Turned on Bloomberg just to see what magical "analysis" they had to offer. Technical analyst just said that "whatever happens in the next 2 minutes (before market close) will either make the day look better or worse."

BTDretire

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Re: Top is in
« Reply #1982 on: February 05, 2018, 02:00:43 PM »
Dude, if this thread is going to devolve into just posting pictures of hot chicks . . .




I'll have to check it more often.

No, No, we're talking about the Top, just the Top.
Maybe the fashion of Tops but still, it's the Top.

I recently watch this clip of Raquel's 3 apperances on Craig Fergusen,
She kept it classy even with Craig...
https://www.youtube.com/watch?v=zLbTdfK4Xu8
btw she 68 to 72 yrs old as the clips progress. Yikes!

MrDelane

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Re: Top is in
« Reply #1983 on: February 05, 2018, 02:02:29 PM »
You know people are shitting their pants when you try to log into your Vanguard account 15 minutes before the bell closes and the page is still loading several minutes later.

Wow. You weren't kidding.
I can't get it to load either.


MrMoneyMullet

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Re: Top is in
« Reply #1984 on: February 05, 2018, 02:06:32 PM »
Everybody panic!  We've already fallen all the way back to where we were on January 1!

You know, the day we were all popping champagne corks to celebrate another 20% rise in 2017.

Get back to me when we're negative for an entire quarter.

This guy gets it.

One thing about human nature/ irrationality that interests me is that people in general rely way to heavily on direction of travel or rate of change rather than level. (i.e. no one was freaking out on January 1st about S&P at 2650 but they are today). Or saying "military spending is going up!" or "military spending is going down!" rather than "what's the right level for this spending and how do we compare against it"?

HPstache

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Re: Top is in
« Reply #1985 on: February 05, 2018, 02:07:39 PM »
Stairs up, Elevator down!

WhiteTrashCash

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Re: Top is in
« Reply #1986 on: February 05, 2018, 02:22:29 PM »
The Later-Era Millennials' reactions over the past two days were kind of like how the "Summer Knights" reacted when winter came to Westeros on "A Song of Ice and Fire". There's nearly an entire generation of American adults who have no real memory of any kind of stock market downturn. It's interesting to observe.

CrankAddict

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Re: Top is in
« Reply #1987 on: February 05, 2018, 02:26:42 PM »
Well I may have just found the only benefit of me playing cryptos for the past few months.  I see 4% down in the real market today and I'm like "yawwwwn, is that all you got?  I can't get worked up over single digit moves!"  But yeah, a bit disconcerting that I can't even log in to Vanguard.  We always mock coinbase and the other crypto exchanges for not being able to handle load, would have expected a little more from the big V.


hadabeardonce

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Re: Top is in
« Reply #1988 on: February 05, 2018, 02:28:55 PM »
You know people are shitting their pants when you try to log into your Vanguard account 15 minutes before the bell closes and the page is still loading several minutes later.
The correction was so bad that my portfolio balance says, "404 not found."

I was logging in just to update bank information, but I'm tempted to max out my Roth IRA today...

Monocle Money Mouth

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Re: Top is in
« Reply #1989 on: February 05, 2018, 02:29:57 PM »
I hope the drop holds through the end of the week. We get paid this week, so I need prices to stay low at least through Thursday so I can get some cheaper shares for my 401(k) contribution.

MrMoneyMullet

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Re: Top is in
« Reply #1990 on: February 05, 2018, 02:32:45 PM »
The Later-Era Millennials' reactions over the past two days were kind of like how the "Summer Knights" reacted when winter came to Westeros on "A Song of Ice and Fire". There's nearly an entire generation of American adults who have no real memory of any kind of stock market downturn. It's interesting to observe.

I don't understand the reference, but I consider myself an older Millennial (perhaps that was intentional on your part... )

I started my career right before the crash, then was pissed that the markets recovered so fast before I could really pump a ton of cash into my retirement accounts!!

sol

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Re: Top is in
« Reply #1991 on: February 05, 2018, 02:33:09 PM »
There's nearly an entire generation of American adults who have no real memory of any kind of stock market downturn. It's interesting to observe.

On black Monday in 1987 the Dow dropped 22% in a day.  Stock brokers jumped out of windows and went splat on the sidewalks below.

Today's 4.6% drop?  Yawn.  I made more than that last month alone.  My retirement is not exactly in danger.

WhiteTrashCash

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Re: Top is in
« Reply #1992 on: February 05, 2018, 02:39:02 PM »
There's nearly an entire generation of American adults who have no real memory of any kind of stock market downturn. It's interesting to observe.

On black Monday in 1987 the Dow dropped 22% in a day.  Stock brokers jumped out of windows and went splat on the sidewalks below.

Today's 4.6% drop?  Yawn.  I made more than that last month alone.  My retirement is not exactly in danger.

Yeah, it would have to drop at least 20% before I really would take any notice of it. Besides, I'm not planning to retire for at least another 9 years, so I see this as a nice opportunity to get some cheap shares.

NoraLenderbee

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Re: Top is in
« Reply #1993 on: February 05, 2018, 02:40:30 PM »
You all missed it. The top was last week.

ender

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Re: Top is in
« Reply #1994 on: February 05, 2018, 02:41:30 PM »

OurTown

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Re: Top is in
« Reply #1995 on: February 05, 2018, 02:45:25 PM »
S&P 500 at 2,300 would be a good point to re-balance I think.

sol

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Re: Top is in
« Reply #1996 on: February 05, 2018, 03:00:21 PM »
To be fair to all of the fearful people bailing on stocks and driving down the price, the market has admittedly seemed a little overzealous recently, and the huge new deficits that republicans created with their tax bill are going to come home to roost eventually, and interest rates are still too low to let the fed effectively manage the next recession.  There are real risks in the market.

OTOH, corporate profits are at record highs.  Employment is up, production is up, and Trump hasn't poked North Korea with threats of nuclear annihilation in almost a month now.  I think the US economy is fine, and stocks are due for a little correction.  A 10% drop would probably be a good thing, right about now.

anisotropy

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Re: Top is in
« Reply #1997 on: February 05, 2018, 03:02:19 PM »
I thought it was time to buy a little more when it was 6% off the top (this morning), of course, it dropped another 2% literally right after I bought. lol

Got cash for one more buy.... then will have to unload the bonds... to buy more stocks.

nereo

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Re: Top is in
« Reply #1998 on: February 05, 2018, 03:11:17 PM »
I'll get excited and start piling money in if the market drops another 15%-30%. Otherwise it's just noise.
Why do you (apparently) have all this money sitting on the sidelines not invested?

Travis

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Re: Top is in
« Reply #1999 on: February 05, 2018, 03:12:37 PM »
I'll get excited and start piling money in if the market drops another 15%-30%. Otherwise it's just noise.

Although I am getting some excellent farcical entertainment. Turned on Bloomberg just to see what magical "analysis" they had to offer. Technical analyst just said that "whatever happens in the next 2 minutes (before market close) will either make the day look better or worse."

Brilliant advice. Definitely worth $500k salary and 1% AUM.