Author Topic: Top is in  (Read 68782 times)

mies

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Re: Top is in
« Reply #350 on: June 13, 2017, 02:56:14 PM »
Is top in?
Less is more.

Retire-Canada

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Re: Top is in
« Reply #351 on: June 13, 2017, 03:49:21 PM »

sol

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Re: Top is in
« Reply #352 on: June 13, 2017, 03:55:52 PM »
Wait, is that a danger zone reference?

thenextguy

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Re: Top is in
« Reply #353 on: June 13, 2017, 04:29:17 PM »
I think he meant Topper Harley.


MrDelane

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Re: Top is in
« Reply #354 on: June 13, 2017, 06:19:17 PM »

Clean Shaven

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Re: Top is in
« Reply #355 on: June 14, 2017, 01:59:41 PM »
The top is in, again.






Just like last time.




And the next time.






And the time after that.





Seems familiar, doesn't it?






sirdoug007

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Re: Top is in
« Reply #356 on: June 14, 2017, 02:15:26 PM »
So many tops!  Each red dot is not a "red DOW" but a new top!

148 tops over the last four years!



Quote
Calling the top is a really, really hard game to play. Imagine being negative on the market in 2013, and seeing 148 new all-time highs over the next four years? What does that do to your psychology? Can you ever recover from that?

http://theirrelevantinvestor.com/2017/06/13/all-time-high/

Clean Shaven

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Re: Top is in
« Reply #357 on: June 14, 2017, 02:29:35 PM »
The top just keep coming back to life, reborn like a phoenix from the flames.

Like a Megatop Phoenix.


OurTown

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Re: Top is in
« Reply #358 on: June 14, 2017, 03:22:21 PM »
This thread has lost all substance and it is just a collection of silly memes.

OurTown

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Re: Top is in
« Reply #359 on: June 14, 2017, 03:22:47 PM »
Except it never had substance to begin with.

Clean Shaven

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Re: Top is in
« Reply #360 on: June 14, 2017, 05:45:22 PM »

solon

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Re: Top is in
« Reply #361 on: June 15, 2017, 02:17:59 PM »
That's it, boys. After today's performance, top is gone.

Maenad

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Re: Top is in
« Reply #362 on: June 16, 2017, 05:01:37 AM »
Oh no. The world is coming to an end. Run for the hills.

MasterStache

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Re: Top is in
« Reply #363 on: June 16, 2017, 05:35:34 AM »
That's it, boys. After today's performance, top is gone.

Sell, Sell, Sell!!!!! No wait Buy Buy Buy!!! Oh lordy I am confused.

UnleashHell

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Re: Top is in
« Reply #364 on: June 18, 2017, 07:40:19 PM »
That's it, boys. After today's performance, top is gone.

Sell, Sell, Sell!!!!! No wait Buy Buy Buy!!! Oh lordy I am confused.

are you Jim Cramer?
_____________
JTF 96

TomTX

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Re: Top is in
« Reply #365 on: June 19, 2017, 05:11:48 AM »


Man, your username does NOT check out. You seem REALLY enamored with these bearded guys. ;)
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TomTX

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Re: Top is in
« Reply #366 on: June 19, 2017, 05:13:01 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!

Well, if all these doom and gloom guys finally give up and buy in, we can have the final runup before the market goes on sale with a nice big crash!

:D
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JAYSLOL

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Re: Top is in
« Reply #367 on: June 19, 2017, 07:13:30 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!

Well, if all these doom and gloom guys finally give up and buy in, we can have the final runup before the market goes on sale with a nice big crash!

:D

Nah, they won't buy in.  The reason they aren't posting any more is that they've locked themselves in their fallout shelters, we'll start hearing from them again when the canned food runs out (halfway up the next bull-run). 

Clean Shaven

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Re: Top is in
« Reply #368 on: June 19, 2017, 11:03:46 AM »
Anyone know where this goes?


MasterStache

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Re: Top is in
« Reply #369 on: June 19, 2017, 11:39:30 AM »
Ok, the real top is in today. Disregard all other previous calls of the top. Also disregard this top if market goes higher in the future.

fattest_foot

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Re: Top is in
« Reply #370 on: June 19, 2017, 11:39:46 AM »
Market is up pretty bigly today.

And yet, I'm still seeing articles like the one today that said, "The S&P 500 has already met its average return for a full year, but don't expect it to stay here."

Which to me means we haven't hit the top. Since everyone says it's not until children start giving you stock tips that the top is really in.

Also, speaking of that article, I find it hilarious how these sound like the random stats you'll find watching sports; "This is the first time in 23 seasons that a player has caught 7 balls for over 67 yards but under 82."

From the article:
Quote
When the S&P 500 was up at least 7.5 percent on its 100th trading day of a year, as it was this year, it added to those gains through year-end 20 out of 23 times.

And since 1950, when the S&P 500 has made at least 15 new all-time highs through May, it was far more likely to keep rising through December, and the average further gain over the final seven months was 7.7 percent, far better than the 4.5 percent average for June-December in all years.
« Last Edit: June 19, 2017, 11:43:03 AM by fattest_foot »

Clean Shaven

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Re: Top is in
« Reply #371 on: June 19, 2017, 02:37:34 PM »

tyort1

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Re: Top is in
« Reply #372 on: June 19, 2017, 02:54:14 PM »
Stop reading the media.  Stop watching the news.  What good can possibly come of it?
Frugalite in training.

steveo

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Re: Top is in
« Reply #373 on: June 19, 2017, 04:17:21 PM »
Stop reading the media.  Stop watching the news.  What good can possibly come of it?

It's just not worth it is it. You just have a plan and let whatever is going to happen happen.

Retire-Canada

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Re: Top is in
« Reply #374 on: June 19, 2017, 04:24:42 PM »
Stop reading the media.  Stop watching the news.  What good can possibly come of it?

I don't read financial media or follow financial news. I do read these forums and it seems people love to post click-bait a lot. I ignore it as much as I can, but I do occasionally miss judge things and end up on a click-bait site feeling like I am getting stupider by the minute. ;)

aspiringnomad

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Re: Top is in
« Reply #375 on: June 19, 2017, 11:36:55 PM »
I don't really care to hear from thorstache, but from the posters that were willing to give him the benefit of the doubt because he used some new (to those posters, anyway) jargon. He could have lucked out and been correct with his arbitrary call, but instead he was risibly wrong. I hope this is a good wake up call not to believe any bullshit artist spinning new theories about the stock market, even if s/he believes their own bullshit.

sol

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Re: Top is in
« Reply #376 on: June 19, 2017, 11:47:36 PM »
I don't really care to hear from thorstache, but from the posters that were willing to give him the benefit of the doubt because he used some new (to those posters, anyway) jargon. He could have lucked out and been correct with his arbitrary call, but instead he was risibly wrong. I hope this is a good wake up call not to believe any bullshit artist spinning new theories about the stock market, even if s/he believes their own bullshit.

But the jargon was so convincing!

For anyone who's thinking of calling the top this week, consider whether or not that's even possible while so many subprime GSEs in counterparty sectors are so obviously over-diversified into hedged high-yield bonds.  As long as you don't over-leverage high-maturity currencies in covered credit-linked long positions, you can always collateralize low-IRR credit exposures in revolving sectors.  How could the market possibly top out now?  While capital adequacy requirements are so well insulated?  Don't be ridiculous.



MasterStache

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Re: Top is in
« Reply #377 on: June 20, 2017, 05:20:43 AM »
I don't really care to hear from thorstache, but from the posters that were willing to give him the benefit of the doubt because he used some new (to those posters, anyway) jargon. He could have lucked out and been correct with his arbitrary call, but instead he was risibly wrong. I hope this is a good wake up call not to believe any bullshit artist spinning new theories about the stock market, even if s/he believes their own bullshit.

But the jargon was so convincing!

For anyone who's thinking of calling the top this week, consider whether or not that's even possible while so many subprime GSEs in counterparty sectors are so obviously over-diversified into hedged high-yield bonds.  As long as you don't over-leverage high-maturity currencies in covered credit-linked long positions, you can always collateralize low-IRR credit exposures in revolving sectors.  How could the market possibly top out now?  While capital adequacy requirements are so well insulated?  Don't be ridiculous.

Exactly! Wait what?

TomTX

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Re: Top is in
« Reply #378 on: June 20, 2017, 05:37:25 AM »
I don't really care to hear from thorstache, but from the posters that were willing to give him the benefit of the doubt because he used some new (to those posters, anyway) jargon. He could have lucked out and been correct with his arbitrary call, but instead he was risibly wrong. I hope this is a good wake up call not to believe any bullshit artist spinning new theories about the stock market, even if s/he believes their own bullshit.

It's a scam as old as investing history. 50 years ago, it was letters being sent out.

Start Edvard Joons Investing Company.

Print up two batches of letters. Half say the market (or a single stock) is going UP. Half say it's going DOWN.

Mail letters out to your mailing list.

After the market moves, set away the half of the mailing list you sent bad predictions.

Repeat with the half you sent a correct prediction.

After  a couple of iterations, get the suckers who believe you are right all the time to pay you (Maybe for your newsletter. Maybe signing up for you as their EJ broker, whatever) - now you're on easy street.

Now get the remaining mailing list you sent "bad" or "mixed" answers, add any new ones you have, rename yourself Mark Antony Investing Company and start the scam over again.

In the modern age, you just create various identities on various sites and take opposing views. Much cheaper.
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markbike528CBX

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Re: Top is in
« Reply #379 on: June 20, 2017, 07:33:12 AM »
But the jargon was so convincing!

For anyone who's thinking of calling the top this week, consider whether or not that's even possible while so many subprime GSEs in counterparty sectors are so obviously over-diversified into hedged high-yield bonds.  As long as you don't over-leverage high-maturity currencies in covered credit-linked long positions, you can always collateralize low-IRR credit exposures in revolving sectors.  How could the market possibly top out now?  While capital adequacy requirements are so well insulated?  Don't be ridiculous.

Wow Sol, I almost bit on that one, well done ! 

JAYSLOL

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Re: Top is in
« Reply #380 on: June 20, 2017, 08:11:25 AM »
I don't really care to hear from thorstache, but from the posters that were willing to give him the benefit of the doubt because he used some new (to those posters, anyway) jargon. He could have lucked out and been correct with his arbitrary call, but instead he was risibly wrong. I hope this is a good wake up call not to believe any bullshit artist spinning new theories about the stock market, even if s/he believes their own bullshit.

But the jargon was so convincing!

For anyone who's thinking of calling the top this week, consider whether or not that's even possible while so many subprime GSEs in counterparty sectors are so obviously over-diversified into hedged high-yield bonds.  As long as you don't over-leverage high-maturity currencies in covered credit-linked long positions, you can always collateralize low-IRR credit exposures in revolving sectors.  How could the market possibly top out now?  While capital adequacy requirements are so well insulated?  Don't be ridiculous.

Makes total sense, what else could cause all these dead cats to bounce?

wenchsenior

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Re: Top is in
« Reply #381 on: June 20, 2017, 08:14:36 AM »
But the jargon was so convincing!

For anyone who's thinking of calling the top this week, consider whether or not that's even possible while so many subprime GSEs in counterparty sectors are so obviously over-diversified into hedged high-yield bonds.  As long as you don't over-leverage high-maturity currencies in covered credit-linked long positions, you can always collateralize low-IRR credit exposures in revolving sectors.  How could the market possibly top out now?  While capital adequacy requirements are so well insulated?  Don't be ridiculous.

Wow Sol, I almost bit on that one, well done !

Awesome!   I'm starting to think someone could go to Yahoo's financial page, pluck all the sexy words out of each article, create a random word-combo generator, run it, and then post the results all over the internet and be called a genius by a bunch of investing idiots.  Honestly, people like thorstache are half the reason I click on the this section of the forum.

tyort1

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Re: Top is in
« Reply #382 on: June 20, 2017, 12:00:42 PM »
Posted this earlier, but posing again because it is so awesome:

https://phrasegenerator.com/finance

The latest random advice? 

The smart trader nowadays will always diversify high-yield liability structures.
Frugalite in training.

steveo

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Re: Top is in
« Reply #383 on: June 20, 2017, 04:48:31 PM »
But the jargon was so convincing!

For anyone who's thinking of calling the top this week, consider whether or not that's even possible while so many subprime GSEs in counterparty sectors are so obviously over-diversified into hedged high-yield bonds.  As long as you don't over-leverage high-maturity currencies in covered credit-linked long positions, you can always collateralize low-IRR credit exposures in revolving sectors.  How could the market possibly top out now?  While capital adequacy requirements are so well insulated?  Don't be ridiculous.

Wow Sol, I almost bit on that one, well done !

I was close but I didn't bite. It is so similar though to the stuff that keeps coming up about how the big crash is coming.

DavidAnnArbor

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Re: Top is in
« Reply #384 on: June 20, 2017, 09:12:14 PM »
Maybe Mr. Money Mustache is Thorstache, warning us, a recession is coming, any day now.

TomTX

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Re: Top is in
« Reply #385 on: June 21, 2017, 05:33:47 AM »
Maybe Mr. Money Mustache is Thorstache, warning us, a recession is coming, any day now.

That would be a great opportunity to practice your Stoicism!  ;)
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Padonak

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Re: Top is in
« Reply #386 on: June 21, 2017, 07:37:07 PM »
Top was in on Monday. You missed it, suckas! Sell! Sell! Sell!

solon

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Re: Top is in
« Reply #387 on: June 21, 2017, 07:59:58 PM »
Maybe Mr. Money Mustache is Thorstache, warning us, a recession is coming, any day now.

Latest post - another recession is coming: http://www.mrmoneymustache.com/2017/06/20/next-recession/

Retire-Canada

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Re: Top is in
« Reply #388 on: June 22, 2017, 06:51:20 AM »
Maybe Mr. Money Mustache is Thorstache, warning us, a recession is coming, any day now.

Latest post - another recession is coming: http://www.mrmoneymustache.com/2017/06/20/next-recession/

Another recession is still coming. Just like it was back in 2013 when he first made that point and just like it will be in 2020 if the market continues to go up.

dividendman

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Re: Top is in
« Reply #389 on: June 22, 2017, 12:06:21 PM »
Maybe Mr. Money Mustache is Thorstache, warning us, a recession is coming, any day now.

Latest post - another recession is coming: http://www.mrmoneymustache.com/2017/06/20/next-recession/

Another recession is still coming. Just like it was back in 2013 when he first made that point and just like it will be in 2020 if the market continues to go up.

Let's also not forget that markets can still go up even if a recession comes.

Retire-Canada

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Re: Top is in
« Reply #390 on: June 22, 2017, 12:12:30 PM »

aspiringnomad

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Re: Top is in
« Reply #391 on: June 22, 2017, 10:35:56 PM »



The Dead Horse Spiral is probably a more reliable indicator than a Dead Cat Bounce.


thorstach

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Re: Top is in
« Reply #392 on: June 27, 2017, 07:19:09 PM »
Top is in after false breakout


MrDelane

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Re: Top is in
« Reply #393 on: June 27, 2017, 07:54:36 PM »

dividendman

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Re: Top is in
« Reply #394 on: June 27, 2017, 08:00:52 PM »
thorstach is back!!! the top must really be in!!

MrDelane

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Re: Top is in
« Reply #395 on: June 27, 2017, 08:15:43 PM »
Thorstach's greatest hits:

Top is in April 11, 2017 - (S&P 2,353.78)

Double top is in May 11, 2017 (S&P 2,394.44)

Top is in June 27th, 2017 ( S&P 2,419.38)


Retire-Canada

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Re: Top is in
« Reply #396 on: June 27, 2017, 08:56:09 PM »
Thorstach's greatest hits:

Top is in April 11, 2017 - (S&P 2,353.78)

Double top is in May 11, 2017 (S&P 2,394.44)

Top is in June 27th, 2017 ( S&P 2,419.38)

Just keep predicting the top Thorstach. Sooner or later you'll be "right". :)

DavidAnnArbor

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Re: Top is in
« Reply #397 on: June 27, 2017, 09:10:58 PM »
Thank you Thorstach

dividendman

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Re: Top is in
« Reply #398 on: June 28, 2017, 08:59:54 AM »
Looks like we might have another false breakout today.

sol

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Re: Top is in
« Reply #399 on: June 28, 2017, 09:21:52 AM »
Looks like we might have another false breakout today.

Every time thorstach calls the top, I make thousands of dollars in the stock market the following day by doing nothing.

Call it again, thorstach!