Author Topic: Top is in  (Read 110696 times)

tyort1

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Re: Top is in
« Reply #300 on: May 26, 2017, 06:16:18 PM »
Gordon Gekko points to the top.  Or something.


I love how is display of wealth (home, clothes, computers, etc) are all laughable nowadays.  Shows how much richer we are as a society now. 
Frugalite in training.

Jamese20

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Re: Top is in
« Reply #301 on: May 28, 2017, 01:46:55 AM »
Gordon Gekko points to the top.  Or something.


I love how is display of wealth (home, clothes, computers, etc) are all laughable nowadays.  Shows how much richer we are as a society now.

this very statement is what makes me optimistic for the future, i bet in the 40's 50's 60's etc... all stated we could not advance and the markets would slow or stagnate. I think the reality is there is not one individual who can foresee the advancements of millions and millions of minds working together to make things better.

30 years from now we will look back at our current up to date photos and way of life we will be saying the exact same thing

Clean Shaven

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Re: Top is in
« Reply #302 on: June 01, 2017, 10:27:05 AM »

MrDelane

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Re: Top is in
« Reply #303 on: June 01, 2017, 01:36:33 PM »






MasterStache

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Re: Top is in
« Reply #304 on: June 01, 2017, 01:40:56 PM »
Top is in, again. How many times have we hit the top now?

MrDelane

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Re: Top is in
« Reply #305 on: June 01, 2017, 01:42:28 PM »
Top is in, again. How many times have we hit the top now?

Well, if you're looking at the S&P quite a few times.
But to be fair, today is the first time we broke the dow high that was set on March 1st.
(though most here don't seem to care about the dow)

sirdoug007

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Re: Top is in
« Reply #306 on: June 01, 2017, 02:00:23 PM »
Top is in, again. How many times have we hit the top now?

Well, if you're looking at the S&P quite a few times.
But to be fair, today is the first time we broke the dow high that was set on March 1st.
(though most here don't seem to care about the dow)

MrDelane

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Re: Top is in
« Reply #307 on: June 01, 2017, 02:11:11 PM »

dividendman

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Re: Top is in
« Reply #308 on: June 01, 2017, 02:21:21 PM »
Top is in, again. How many times have we hit the top now?

Well, if you're looking at the S&P quite a few times.
But to be fair, today is the first time we broke the dow high that was set on March 1st.
(though most here don't seem to care about the dow)

Few care about the DJIA because:
1) it isn't a passive index - it's picked by random picker guys
2) it's based only on the PRICE of a stock... yes, so if they decide to include BRK.A it's going to represent the whole index

Itchyfeet

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Re: Top is in
« Reply #309 on: June 02, 2017, 03:26:54 AM »
I guess this thread should be closed now.

GAME OVER!

Retire-Canada

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Re: Top is in
« Reply #310 on: June 02, 2017, 06:44:33 AM »


Fear below 10. Markets climbing. Market predictions wrong again. Life goes on.
« Last Edit: June 02, 2017, 06:47:23 AM by Retire-Canada »

runewell

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Re: Top is in
« Reply #311 on: June 02, 2017, 09:20:55 AM »

Few care about the DJIA because:
1) it isn't a passive index - it's picked by random picker guys

go on...
Please leave Dicey out of this! Have you not been paying any attention? Trolls are not welcome here!

Clean Shaven

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Re: Top is in
« Reply #312 on: June 02, 2017, 10:22:54 AM »
I guess this thread should be closed now.

GAME OVER!


rpr

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Re: Top is in
« Reply #313 on: June 02, 2017, 10:23:21 AM »
Can I add some more Red Green to this thread?


Ooh!  I love me some Red Green :)

JAYSLOL

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Re: Top is in
« Reply #314 on: June 02, 2017, 12:41:09 PM »
Can I add some more Red Green to this thread?


Ooh!  I love me some Red Green :)


"I call the top. and I can change. if I have to. I guess."

DavidAnnArbor

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Re: Top is in
« Reply #315 on: June 02, 2017, 01:46:57 PM »
whatever happened to thorstache/susquatch ?

WildJager

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Re: Top is in
« Reply #316 on: June 02, 2017, 01:51:59 PM »
whatever happened to thorstache/susquatch ?

Waiting for the next drop to say, "I told you so."  At least, that's how it's been so far.

Stache-O-Lantern

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Re: Top is in
« Reply #317 on: June 03, 2017, 12:34:37 AM »
whatever happened to thorstache/susquatch ?

I don't know, but I miss him . . . and his brief, confident posts.  Undone by cruel reality.

Surely there is some technical explanation for the breaching of the top!  After all, US Steel is STILL DOWN.

MrDelane

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Re: Top is in
« Reply #318 on: June 03, 2017, 07:31:27 AM »
whatever happened to thorstache/susquatch ?

I don't know, but I miss him . . . and his brief, confident posts.  Undone by cruel reality.

Surely there is some technical explanation for the breaching of the top!  After all, US Steel is STILL DOWN.

Oh don't worry.
Eventually the market will drop, and when it does he'll come back.

sol

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Re: Top is in
« Reply #319 on: June 05, 2017, 12:13:44 PM »
whatever happened to thorstache/susquatch ?

I don't know, but I miss him . . . and his brief, confident posts.  Undone by cruel reality.

Surely there is some technical explanation for the breaching of the top!  After all, US Steel is STILL DOWN.

Oh don't worry.
Eventually the market will drop, and when it does he'll come back.

Welll it had better hurry up then.  Market is up ~9% in the first five months of the year, so right now it's looking more like the top was actually the bottom.

Should we start taking bets on the lowest future value for the S&P500?  What price will it never again fall below?

dividendman

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Re: Top is in
« Reply #320 on: June 05, 2017, 12:21:58 PM »
whatever happened to thorstache/susquatch ?

I don't know, but I miss him . . . and his brief, confident posts.  Undone by cruel reality.

Surely there is some technical explanation for the breaching of the top!  After all, US Steel is STILL DOWN.

Oh don't worry.
Eventually the market will drop, and when it does he'll come back.

Welll it had better hurry up then.  Market is up ~9% in the first five months of the year, so right now it's looking more like the top was actually the bottom.

Should we start taking bets on the lowest future value for the S&P500?  What price will it never again fall below?

S&P500 never goes below 2k again, bottom is in!

sol

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Re: Top is in
« Reply #321 on: June 08, 2017, 11:59:57 AM »
But to be fair, today is the first time we broke the dow high that was set on March 1st.
(though most here don't seem to care about the dow)

Today the Dow set another record high.  For people who watch that sort of thing.

edit: typo for solon
« Last Edit: June 08, 2017, 12:31:32 PM by sol »

solon

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Re: Top is in
« Reply #322 on: June 08, 2017, 12:23:11 PM »
But to be fair, today is the first time we broke the dow high that was set on March 1st.
(though most here don't seem to care about the dow)

Today the Down set another record high.  For people who watch that sort of thing.

Could we call this... Down Syndrome?

DavidAnnArbor

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Re: Top is in
« Reply #323 on: June 08, 2017, 12:45:16 PM »
It's a strange split market today. S&P 500 is down a smidgeon, but the small cap and mid cap are having a great day.

dividendman

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Re: Top is in
« Reply #324 on: June 08, 2017, 12:56:05 PM »
It's a strange split market today. S&P 500 is down a smidgeon, but the small cap and mid cap are having a great day.

Probably because Top is in.

aspiringnomad

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Re: Top is in
« Reply #325 on: June 08, 2017, 07:58:47 PM »
It's a strange split market today. S&P 500 is down a smidgeon, but the small cap and mid cap are having a great day.

That's classic dead cat split. If you thought the bounce was bad...

dividendman

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Re: Top is in
« Reply #326 on: June 09, 2017, 08:20:47 AM »
Shit guys... new Top is in for the S&P500 and DJIA.

When will we get the final Top being in that the OP referred to? I am getting concerned.

Clean Shaven

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Re: Top is in
« Reply #327 on: June 09, 2017, 08:33:59 AM »
Shit guys... new Top is in for the S&P500 and DJIA.

When will we get the final Top being in that the OP referred to? I am getting concerned.
When we hit supernova Dow: it's like red Dow, but at 10,000,000.

sol

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Re: Top is in
« Reply #328 on: June 09, 2017, 08:34:30 AM »
When will we get the final Top being in that the OP referred to? I am getting concerned.

OP has gone radio silent, as has basically everyone else who has spent the past several years making proclamations of doom.  Maybe everyone is finally on board the growth train?

Is that concerning?  As long as someone thinks the market is about to crash, the market maintains a healthy trading volume and seeks an equilibrium of expectations.  If EVERYONE thinks it's going up, isn't that how we get into run-away bubbles?

Quick!  Someone write a Marketwatch article about how we're on the very precipice of disaster!  It's the only way to save us!

MasterStache

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Re: Top is in
« Reply #329 on: June 09, 2017, 09:03:42 AM »
When will we get the final Top being in that the OP referred to? I am getting concerned.

OP has gone radio silent, as has basically everyone else who has spent the past several years making proclamations of doom.  Maybe everyone is finally on board the growth train?

Is that concerning?  As long as someone thinks the market is about to crash, the market maintains a healthy trading volume and seeks an equilibrium of expectations.  If EVERYONE thinks it's going up, isn't that how we get into run-away bubbles?

Quick!  Someone write a Marketwatch article about how we're on the very precipice of disaster!  It's the only way to save us!

I am sure the OP will come back with a new screen name calling a new top in due time. In the meantime, as you requested (although not front page of Market Watch but rather front page of Yahoo news):

https://www.yahoo.com/news/m/f8afde81-7f95-3b86-99dc-edb9bfa737ac/ss_jim-rogers%3A-the-worst-crash.html

PathtoFIRE

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Re: Top is in
« Reply #330 on: June 09, 2017, 09:19:45 AM »
This thread brings a smile to my face every time I see it on my unread list

MrDelane

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Re: Top is in
« Reply #331 on: June 09, 2017, 09:29:02 AM »
SPY from the day this thread was started (4/11/17) to today:





« Last Edit: June 09, 2017, 09:32:00 AM by MrDelane »

Riff

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Re: Top is in
« Reply #332 on: June 09, 2017, 09:41:47 AM »
I love this thread!

(ptf)

Eric

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Re: Top is in
« Reply #333 on: June 09, 2017, 09:44:12 AM »
I just don't understand.  The modern day phrenology technical analysis was so clear.  How could the market not follow what it says?  If we can't count on modern day phrenology technical analysis, what can we count on?  The world is falling apart.
"Compound interest is the most powerful force in the universe."  -- Einstein

solon

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Re: Top is in
« Reply #334 on: June 09, 2017, 10:07:52 AM »
This is Spinal Top

(idk, it just sounded funny)

Retire-Canada

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Re: Top is in
« Reply #335 on: June 09, 2017, 10:14:51 AM »

tyort1

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Re: Top is in
« Reply #336 on: June 09, 2017, 10:31:20 AM »
Srsly, can we sticky this thread?
Frugalite in training.

Clean Shaven

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Re: Top is in
« Reply #337 on: June 09, 2017, 10:37:31 AM »

I am sure the OP will come back with a new screen name calling a new top in due time. In the meantime, as you requested (although not front page of Market Watch but rather front page of Yahoo news):

https://www.yahoo.com/news/m/f8afde81-7f95-3b86-99dc-edb9bfa737ac/ss_jim-rogers%3A-the-worst-crash.html

That same guy, Jim Rogers, predicted the same crash in:

- 2016:
https://dollarvigilante.com/blog/2016/05/24/first-soros-now-jim-rogers-predicts-trillion-dollar-biblical-crash.html

- 2015:
https://www.peakprosperity.com/podcast/93027/jim-rogers-turmoil-coming

- 2014:
http://thegreatrecession.info/blog/stock-market-crash-in-2014/

- 2013: (this one is really good - "Eventually, the whole world is going to collapse")
https://www.theblaze.com/stories/2013/12/04/famed-investors-dire-warning-this-is-going-to-end-badly-be-prepared-be-worried-and-be-careful/

- 2012: (complete with graphic of "triple top")
http://navigatethestockmarket.blogspot.com/2012/02/stock-market-crash-predictions-for-2012.html



In light of Jim Rogers' obvious expertise and success, here's my financial advice:  "do not take financial advice from Jim Rogers."

Clean Shaven

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Re: Top is in
« Reply #338 on: June 09, 2017, 10:39:54 AM »
This is Spinal Top

(idk, it just sounded funny)


tyort1

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Re: Top is in
« Reply #339 on: June 09, 2017, 11:00:12 AM »

I am sure the OP will come back with a new screen name calling a new top in due time. In the meantime, as you requested (although not front page of Market Watch but rather front page of Yahoo news):

https://www.yahoo.com/news/m/f8afde81-7f95-3b86-99dc-edb9bfa737ac/ss_jim-rogers%3A-the-worst-crash.html

That same guy, Jim Rogers, predicted the same crash in:

- 2016:
https://dollarvigilante.com/blog/2016/05/24/first-soros-now-jim-rogers-predicts-trillion-dollar-biblical-crash.html

- 2015:
https://www.peakprosperity.com/podcast/93027/jim-rogers-turmoil-coming

- 2014:
http://thegreatrecession.info/blog/stock-market-crash-in-2014/

- 2013: (this one is really good - "Eventually, the whole world is going to collapse")
https://www.theblaze.com/stories/2013/12/04/famed-investors-dire-warning-this-is-going-to-end-badly-be-prepared-be-worried-and-be-careful/

- 2012: (complete with graphic of "triple top")
http://navigatethestockmarket.blogspot.com/2012/02/stock-market-crash-predictions-for-2012.html



In light of Jim Rogers' obvious expertise and success, here's my financial advice:  "do not take financial advice from Jim Rogers."

He'll eventually be right, in 2021, and everyone will forget the decade of failed predictions and claim him as the Prophet of Wall StreetTM
Frugalite in training.

solon

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Re: Top is in
« Reply #340 on: June 09, 2017, 11:00:33 AM »
This is Spinal Top

(idk, it just sounded funny)



THAT'S the joke I was looking for! I knew it was in there somewhere.

PathtoFIRE

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Re: Top is in
« Reply #341 on: June 09, 2017, 11:27:20 AM »
That same guy, Jim Rogers, predicted the same crash in:
<snip>
- 2012: (complete with graphic of "triple top")
http://navigatethestockmarket.blogspot.com/2012/02/stock-market-crash-predictions-for-2012.html

Taken from above
"... So, the problems are going to continue to get worse until somebody solves the basic underlying problem of too much spending and too much debt...for myself, I’m short stocks around the world, I’m short American technology stocks, I’m short emerging market stocks and I’m short European stocks….I own commodities…”

So if he was actually in these various short and long positions, he should be wiped out. Everything that he says he's short in 2012 has appreciated if not boomed, and I don't know commodities, but looking at the 10 year annualized returns for all of the Dow Jones commodities indices, they are all negative except for their Precious Metals. Is this the real reason that he moved to China (as he mentions in the original link about this guy a few posts ago)?

Itchyfeet

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Re: Top is in
« Reply #342 on: June 09, 2017, 12:15:34 PM »
I just skimmed through his blog for the past 5 years and the guy has spent most of it waiting on the sidelines, almost completely missing out on the market growth over the past 5 years

tyort1

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Re: Top is in
« Reply #343 on: June 09, 2017, 12:19:30 PM »
I just skimmed through his blog for the past 5 years and the guy has spent most of it waiting on the sidelines, almost completely missing out on the market growth over the past 5 years

Yes, and now he has a vested interest in the market tanking.  He's put money and reputation on the line.  So he really, really, really wants the market to crash.  That's a pretty crappy situation to be in.  Can't be psychologically healthy.
Frugalite in training.

Itchyfeet

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Re: Top is in
« Reply #344 on: June 09, 2017, 12:37:06 PM »
Poor fellow has also bought shorts plenty of times. I doubt market volatility saved his ass.

dividendman

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Re: Top is in
« Reply #345 on: June 09, 2017, 12:50:20 PM »

Is that concerning?  As long as someone thinks the market is about to crash, the market maintains a healthy trading volume and seeks an equilibrium of expectations.  If EVERYONE thinks it's going up, isn't that how we get into run-away bubbles?

Quick!  Someone write a Marketwatch article about how we're on the very precipice of disaster!  It's the only way to save us!

Shit! The market has tanked today! Sol, you're right. Red DOW! TOP IS IN!!!!!!!!!!!!!!!!!!111111111111

MrDelane

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Re: Top is in
« Reply #346 on: June 09, 2017, 01:03:26 PM »
Shit! The market has tanked today! Sol, you're right. Red DOW! TOP IS IN!!!!!!!!!!!!!!!!!!111111111111

Fear never left, VIX above 11, SPY breaking down. XIV to follow, the end is nigh.

MrDelane

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Re: Top is in
« Reply #347 on: June 09, 2017, 01:09:32 PM »

markbike528CBX

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Re: Top is in
« Reply #348 on: June 09, 2017, 01:26:08 PM »
Poor fellow has also bought shorts plenty of times. I doubt market volatility saved his ass.
So you're saying he has really taken it in the shorts?  (Americanism, sorry, but I had too....)

anisotropy

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Re: Top is in
« Reply #349 on: June 09, 2017, 08:22:13 PM »

Is that concerning?  As long as someone thinks the market is about to crash, the market maintains a healthy trading volume and seeks an equilibrium of expectations.  If EVERYONE thinks it's going up, isn't that how we get into run-away bubbles?

Quick!  Someone write a Marketwatch article about how we're on the very precipice of disaster!  It's the only way to save us!

Shit! The market has tanked today! Sol, you're right. Red DOW! TOP IS IN!!!!!!!!!!!!!!!!!!111111111111

not gonna lie, today was the first day since early-mid 2016 that I had no clue whatsoever regarding market actions, it was pretty scary.