Author Topic: Top is in  (Read 514842 times)

EscapeVelocity2020

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Re: Top is in
« Reply #3300 on: August 25, 2018, 11:07:05 PM »
I think that Sol knows that the market is bound to 'crash' sooner rather than later and is prepared.  Anyone following the 4% SWR thread is left a little undefended when they say that this market reflects anything that has happened in the past.  We are now in uncharted (upside) territory - https://money.cnn.com/2018/08/22/investing/bull-market-longest-stocks/index.html

No thoughts from me, I'm happy if it doubles again from here and I'm not too sad if it goes down 50%.  Life is frickin' good right now being within the parameters I expect :)
« Last Edit: August 25, 2018, 11:09:19 PM by EscapeVelocity2020 »

JLee

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Re: Top is in
« Reply #3301 on: August 26, 2018, 06:39:52 AM »
I think that Sol knows that the market is bound to 'crash' sooner rather than later and is prepared.  Anyone following the 4% SWR thread is left a little undefended when they say that this market reflects anything that has happened in the past.  We are now in uncharted (upside) territory - https://money.cnn.com/2018/08/22/investing/bull-market-longest-stocks/index.html

No thoughts from me, I'm happy if it doubles again from here and I'm not too sad if it goes down 50%.  Life is frickin' good right now being within the parameters I expect :)

We're always in uncharted territory - nobody else has lived 2019 yet.

frugledoc

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Re: Top is in
« Reply #3302 on: August 26, 2018, 08:52:22 AM »
I think that Sol knows that the market is bound to 'crash' sooner rather than later and is prepared.  Anyone following the 4% SWR thread is left a little undefended when they say that this market reflects anything that has happened in the past.  We are now in uncharted (upside) territory - https://money.cnn.com/2018/08/22/investing/bull-market-longest-stocks/index.html

No thoughts from me, I'm happy if it doubles again from here and I'm not too sad if it goes down 50%.  Life is frickin' good right now being within the parameters I expect :)

What territory were we in during the brief correction this year? 

boarder42

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Re: Top is in
« Reply #3303 on: August 26, 2018, 08:58:45 AM »
Today was my last day of work.  I expect the market to crash on Monday.

Wow congrats man.

Paul der Krake

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Re: Top is in
« Reply #3304 on: August 26, 2018, 01:00:26 PM »
sol's retirement killed John McCain, says Jake Topper on CNN.

boarder42

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Re: Top is in
« Reply #3305 on: August 26, 2018, 01:57:06 PM »
sol's retirement killed John McCain, says Jake Topper on CNN.

So if he starts working again it will be the first revivial ever.

Much Fishing to Do

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Re: Top is in
« Reply #3306 on: August 26, 2018, 02:02:35 PM »
Today was my last day of work.  I expect the market to crash on Monday.
Yep, that should do it.

solon

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Re: Top is in
« Reply #3307 on: August 26, 2018, 04:15:16 PM »
Important question here

Does thorstach rhyme with mu-STACHE or THATCH-roofcottages?

Asking for a friend

So, in the countryside your "friend" burninates, "stache" and "thatch" don't rhyme? Because they do in my countryside.

I always pronounce it "stock". Then I try to figure out what a Thor Stock is. Then I wonder if he typoed it, and it should really be thorstache?

Threshkin

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Re: Top is in
« Reply #3308 on: August 26, 2018, 10:17:45 PM »
The top is always in.....Until the next top, and the next, etc.

Exflyboy

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Re: Top is in
« Reply #3309 on: August 27, 2018, 08:17:05 AM »
Well the S&P500 is topping again today..:)

Mr. Green

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Re: Top is in
« Reply #3310 on: August 27, 2018, 08:26:50 AM »
Well the S&P500 is topping again today..:)
I think we might just see S&P 2900.

OurTown

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Re: Top is in
« Reply #3311 on: August 27, 2018, 09:09:13 AM »
Well the S&P500 is topping again today..:)
I think we might just see S&P 2900.

Will that be the top?

Maenad

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Re: Top is in
« Reply #3312 on: August 27, 2018, 09:48:45 AM »
Well, you know what this is:

Top
Of
The
Extreme
Stock
Market
Asserts
Greatest
Of
All
Time

aboatguy

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Re: Top is in
« Reply #3313 on: August 27, 2018, 10:14:46 AM »
Well the S&P500 is topping again today..:)
I think we might just see S&P 2900.

I guarantee we will see S&P 500 at 2900 or higher as I type it is at 2897.05 the question is when will it hit 2900.  2900 today, tomorrow, next week, next month, next decade after dropping to 1250..... 

The market always goes up... except when it doesn't !

« Last Edit: August 27, 2018, 10:20:08 AM by aboatguy »

Mr. Green

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Re: Top is in
« Reply #3314 on: August 27, 2018, 10:24:47 AM »
Well the S&P500 is topping again today..:)
I think we might just see S&P 2900.

Will that be the top?
I doubt it. We'll be over within the week.

dougules

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Re: Top is in
« Reply #3315 on: August 27, 2018, 10:26:31 AM »
Important question here

Does thorstach rhyme with mu-STACHE or THATCH-roofcottages?

Asking for a friend

So, in the countryside your "friend" burninates, "stache" and "thatch" don't rhyme? Because they do in my countryside.

I always pronounce it "stock". Then I try to figure out what a Thor Stock is. Then I wonder if he typoed it, and it should really be thorstache?

No, "Thorstaaagh." At the back of the throat.

dragoncar

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Re: Top is in
« Reply #3316 on: August 27, 2018, 10:53:50 AM »
META - make equities top again

Toad

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Re: Top is in
« Reply #3317 on: August 27, 2018, 12:22:44 PM »
I consulted my stock expert, Fluffy McSnuggles.  He believes a bull trap is in play, I called bullshit on that, but he denied saying, "no bull" and then handed me a bear claw to eat.

JAYSLOL

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Re: Top is in
« Reply #3318 on: August 27, 2018, 05:44:24 PM »
I consulted my stock expert, Fluffy McSnuggles.  He believes a bull trap is in play, I called bullshit on that, but he denied saying, "no bull" and then handed me a bear claw to eat.
Mmm, I only wish I had a stock expert that hooked me up with bear claws. 

techwiz

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Re: Top is in
« Reply #3319 on: August 27, 2018, 07:47:26 PM »
I consulted my stock expert, Fluffy McSnuggles.  He believes a bull trap is in play, I called bullshit on that, but he denied saying, "no bull" and then handed me a bear claw to eat.
Mmm, I only wish I had a stock expert that hooked me up with bear claws. 
I am no stock expert but I could hook you up with bear claws.


dragoncar

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Re: Top is in
« Reply #3320 on: August 27, 2018, 08:29:57 PM »
I consulted my stock expert, Fluffy McSnuggles.  He believes a bull trap is in play, I called bullshit on that, but he denied saying, "no bull" and then handed me a bear claw to eat.
Mmm, I only wish I had a stock expert that hooked me up with bear claws. 
I am no stock expert but I could hook you up with bear claws.




BicycleB

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Re: Top is in
« Reply #3321 on: August 27, 2018, 09:37:26 PM »
Hmm, the human hand is very fast when dodging the bear claw.

Faster than any foolish buy and hold investors will be in avoiding the upcoming bear market! Thorstach has spoken - the top is in!

DavidAnnArbor

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Re: Top is in
« Reply #3322 on: August 28, 2018, 07:17:38 AM »
wow that's crazy to be feeding a bear like that.

Mr. Green

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Re: Top is in
« Reply #3323 on: August 28, 2018, 07:36:29 AM »
Well the S&P500 is topping again today..:)
I think we might just see S&P 2900.

Will that be the top?
I doubt it. We'll be over within the week.
I win! :P

appleshampooid

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Re: Top is in
« Reply #3324 on: August 28, 2018, 07:40:23 AM »
Just wanted to pop in and say...

RWD

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Re: Top is in
« Reply #3325 on: August 28, 2018, 07:51:49 AM »
2900!

OurTown

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Re: Top is in
« Reply #3326 on: August 28, 2018, 08:45:44 AM »
2900!

bottles of beer on the wall?

RWD

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Re: Top is in
« Reply #3327 on: August 28, 2018, 08:47:51 AM »
2900!

bottles of beer on the wall?

Yeah. Looks like a couple have been taken down since I last checked. They've been passed around and now there's 2,898 bottles of beer on the wall.

OurTown

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Re: Top is in
« Reply #3328 on: August 28, 2018, 08:48:44 AM »
2900!

bottles of beer on the wall?

Yeah. Looks like a couple have been taken down since I last checked. They've been passed around and now there's 2,898 bottles of beer on the wall.

Well that's how the song goes after all.

techwiz

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Re: Top is in
« Reply #3329 on: August 28, 2018, 09:48:37 AM »
I am guessing this is the type of beer on the wall.



... Big top is in

slow hand slow plan

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Re: Top is in
« Reply #3330 on: August 28, 2018, 10:55:42 AM »
if anyone is still keeping track since Thorstache's initial prediction on 04/11/2017:

  • S&P 500   up 23% (not including dividends)

    VTSMX (total stock market) is up 24% (not including dividends)

nereo

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Re: Top is in
« Reply #3331 on: August 28, 2018, 05:20:42 PM »
I'm sorry, I stopped paying attention to this thread and I'm too lazy to read through the last 30 pages...

... is the top in yet?

aboatguy

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Re: Top is in
« Reply #3332 on: August 28, 2018, 06:47:47 PM »
2903 top was in!  Waiting for the new top

aspiringnomad

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Re: Top is in
« Reply #3333 on: August 28, 2018, 10:33:01 PM »
wow that's crazy to be feeding a bear like that.

According to thorstach we're all crazy to be feeding this bull.

dragoncar

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Re: Top is in
« Reply #3334 on: August 28, 2018, 10:37:44 PM »
wow that's crazy to be feeding a bear like that.

According to thorstach we're all crazy to be feeding this bull.


Mr. Green

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Re: Top is in
« Reply #3335 on: August 29, 2018, 07:01:12 AM »
if anyone is still keeping track since Thorstache's initial prediction on 04/11/2017:

  • S&P 500   up 23% (not including dividends)

    VTSMX (total stock market) is up 24% (not including dividends)
So we could have a dip into bear market territory nad you'd still have more money than if you'd have gone to cash on Thorstache's prediction. Ouch.

Exflyboy

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Re: Top is in
« Reply #3336 on: August 29, 2018, 09:43:46 AM »
Look at that market go!.. Almost 2913 on the S&P500 as of this post..:)

solon

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Re: Top is in
« Reply #3337 on: August 29, 2018, 10:09:56 AM »
The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

Retire-Canada

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Re: Top is in
« Reply #3338 on: August 29, 2018, 10:15:34 AM »
The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

No problem. I'll PM you my paypal address. Just send it to me. I can take the stress for both of us. ;)

Exflyboy

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Re: Top is in
« Reply #3339 on: August 29, 2018, 10:34:07 AM »
I rebalanced my portfolio back to my desired 80:20 a few days ago.. If exuberance gets to about 13 I might rebalance to 70:30 in preparation for the big drop.. then go to 90:10..:)

Market timing, who me?

sol

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Re: Top is in
« Reply #3340 on: August 29, 2018, 10:55:54 AM »
I rebalanced my portfolio back to my desired 80:20 a few days ago.. If exuberance gets to about 13 I might rebalance to 70:30 in preparation for the big drop.. then go to 90:10..:)

Market timing, who me?

I love how this problem is self correcting.  Anybody who followed this advice back in 2013 missed out on doubling their money.  It's like the market basically rewards everyone who can ride it out, and penalizes the people who freak out and bail to a more conservative allocation. 

How rich do you want to be?  When you finally decide that you're rich enough, that's the time to flee the market.  For everyone else, consider staying the course.

dragoncar

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Re: Top is in
« Reply #3341 on: August 29, 2018, 11:06:47 AM »
The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

When the market is at 10, where do you go from there?  This market goes to 11.  Itís one toppier.

Davids

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Re: Top is in
« Reply #3342 on: August 29, 2018, 11:31:46 AM »
Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

boarder42

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Re: Top is in
« Reply #3343 on: August 29, 2018, 11:40:56 AM »
Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

Oct 2020

DS

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Re: Top is in
« Reply #3344 on: August 29, 2018, 11:54:04 AM »
Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

Never. Unfortunately, top is in.

dragoncar

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Re: Top is in
« Reply #3345 on: August 29, 2018, 11:59:21 AM »
Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

Oct 2020

Oct 3000

Laserjet3051

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Re: Top is in
« Reply #3346 on: August 29, 2018, 12:43:56 PM »
The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

yes, but it is critical to distinguish whether this exuberance is rational or irrational. I can't tell the difference but with the small business confidence index at all time highs, there may be fundamental support for this market enthusiasm.

Exflyboy

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Re: Top is in
« Reply #3347 on: August 29, 2018, 12:52:46 PM »
I rebalanced my portfolio back to my desired 80:20 a few days ago.. If exuberance gets to about 13 I might rebalance to 70:30 in preparation for the big drop.. then go to 90:10..:)

Market timing, who me?

I love how this problem is self correcting.  Anybody who followed this advice back in 2013 missed out on doubling their money.  It's like the market basically rewards everyone who can ride it out, and penalizes the people who freak out and bail to a more conservative allocation. 

How rich do you want to be?  When you finally decide that you're rich enough, that's the time to flee the market.  For everyone else, consider staying the course.

Well I am certainly rich enough but inflation is a creeping cancer so I would never flee the market completely.. A 50:50 allocation would be perfectly adequate though..

Now if I had $10M then I would fly business class everywhere.. seems like a worthy goal..:)

frugledoc

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Re: Top is in
« Reply #3348 on: August 29, 2018, 01:25:23 PM »
Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

Dude thatís not how you play this game. Top us in.

3000 there will be not

BicycleB

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Re: Top is in
« Reply #3349 on: August 29, 2018, 02:55:50 PM »
Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

After Thanksgiving and before Christmas. However, that will be the last top.