Author Topic: Top is in  (Read 675612 times)

dividendman

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Re: Top is in
« Reply #4300 on: February 12, 2019, 01:31:51 PM »
Folks, Top is definitely in now. Just look at it.

Mississippi Mudstache

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Re: Top is in
« Reply #4301 on: February 13, 2019, 02:28:36 PM »
GOAT dead cat bounce top is in



Inverse market/thorstach post test #93.  Betting it's a good day on Wall St. tomorrow...

I hope not. My $60,000 rollover should get re-invested any day now. Hoping for the market to continue yesterday's slide until it hits the account...

Money finally got invested in the new 401k. Sold on 1/30 for $66.85/share and reinvested on 2/12 for $68.64/share. So I lost 2.7% of growth on $60,000 - or $1600 - over two weeks. I will recover some of that on lower fees with the new 401k, but it'll take about a decade to break even.

TOP WAS NOT IN :(
« Last Edit: February 13, 2019, 05:31:19 PM by Mississippi Mudstache »

BicycleB

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Re: Top is in
« Reply #4302 on: February 13, 2019, 04:06:34 PM »
The top wasn't in??

Well, it is now.

2Birds1Stone

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Re: Top is in
« Reply #4303 on: February 13, 2019, 07:05:01 PM »
Top is definitely in now!

Just look at the tip of the top.

watchitgrow

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Re: Top is in
« Reply #4304 on: February 14, 2019, 08:34:15 AM »

pecunia

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Re: Top is in
« Reply #4305 on: February 14, 2019, 12:58:10 PM »
Won't there always be new mountains to climb?

Isn't it the nature of man to evermore reach higher to the new frontier?

I say, nay, nay the top always seems within reach, but is still beyond our grasp.

Fear not, little investor, for there will be an ever brighter tomorrow, always the higher plateau.

ysette9

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Re: Top is in
« Reply #4306 on: February 14, 2019, 01:06:12 PM »
We are scheduled to increase our bond % right now so I’m actually in favor of the top being in, at least in the short term.

talltexan

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Re: Top is in
« Reply #4307 on: February 18, 2019, 09:02:07 AM »
ysette9-

it sounds like the market is taking care of the rebalancing thing for you :-)

Loren Ver

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Re: Top is in
« Reply #4308 on: February 18, 2019, 09:22:19 AM »
Fair warning: I just pulled $60K out of an old 401(k) to roll it into my new plan. It'll take about 2 weeks to get the money re-invested. Expect a steep market runup over the next 2 weeks, followed by an unprecedented cratering.
.......

Ouch! That's my biggest fear, but i'm working with 1/5 of what you transferred, so the damage would be lesser even if my timing ends up being bad. Two weeks of calm (or better yet, declining) markets would make me really happy right now. But in any case, I should make up any losses in the long run by getting my assets out of a crappy MassMutual 401(k) and getting it invested with Vanguard.

Ugh.  I was hoping DH was the only one that got stuck with them.  They have terrible options.  I'm glad you got out.  We will get out in April, too bad TOP IS IN!

Steeze

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fattest_foot

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Re: Top is in
« Reply #4310 on: February 19, 2019, 11:34:54 AM »
https://www.marketwatch.com/story/a-drop-in-us-stocks-may-be-fast-and-furious-according-to-elliott-wave-theory-2019-02-19

Just for fun!

Is it just me, or is every technical analysis article always two-thirds about how "well, things didn't go how the technical analysis showed it should, and here's why I think that is," followed by one-third of "this is what it's going to do now though!"

Seems like if it never works out, you'd eventually have the revelation that it's all nonsense?

dragoncar

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Re: Top is in
« Reply #4311 on: February 19, 2019, 11:52:13 AM »
GOAT dead cat bounce top is in


So are we at the TOP of the dead cat bounce?

You have NO idea how high a GOAT can bounce: https://www.youtube.com/watch?v=KGhkjBHayyo

2Birds1Stone

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Re: Top is in
« Reply #4312 on: February 19, 2019, 01:42:12 PM »
I don't see any dead cats, yet.

dragoncar

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Re: Top is in
« Reply #4313 on: February 19, 2019, 02:59:38 PM »
I don't see any dead cats, yet.
YET?  Are these cats in danger?

2Birds1Stone

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Re: Top is in
« Reply #4314 on: February 19, 2019, 05:40:16 PM »
Only if they don't find the mouse (pattern).

aspiringnomad

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Re: Top is in
« Reply #4315 on: February 19, 2019, 07:44:08 PM »
https://www.marketwatch.com/story/a-drop-in-us-stocks-may-be-fast-and-furious-according-to-elliott-wave-theory-2019-02-19

Just for fun!

Is it just me, or is every technical analysis article always two-thirds about how "well, things didn't go how the technical analysis showed it should, and here's why I think that is," followed by one-third of "this is what it's going to do now though!"


Seems like if it never works out, you'd eventually have the revelation that it's all nonsense?

How could anyone ever think this stuff is nonsense? Slope of hope, people. SLOPE. OF. HOPE.

https://www.marketwatch.com/story/the-stock-market-is-careening-down-a-dangerous-slope-of-hope-2019-02-15

brooklynmoney

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Re: Top is in
« Reply #4316 on: February 20, 2019, 02:35:39 AM »
I will say the technical crowd has done a great job naming their voodoo science — slope of hope, head and shoulders etc. that said it doesn’t matter because the top is in.


DavidAnnArbor

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Re: Top is in
« Reply #4317 on: February 20, 2019, 05:24:14 PM »
Thorstach now is when you should call a top.

BobTheBuilder

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Re: Top is in
« Reply #4318 on: February 21, 2019, 02:00:51 PM »
Alright. I panicked. I sold 0.559 pieces of my MSCI Pacific exJapan-ETF. No transaction cost on selling fragments of shares at my broker :-D transaction volume: approx. $34
Full disclaimer: I kept 21 shares. This fragment share made me nervous.

soccerluvof4

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Re: Top is in
« Reply #4319 on: February 21, 2019, 02:42:26 PM »
its funny between the retirement stories and the Market predictions on marketwatch how so many people just write whatever. Yesterday as the market was rising it was all about Dow 30k by April now its going to fall and fall fast or we need a 5-10% correction to go higher. Great cheap entertainment. But somebody will be right that given day.

JAYSLOL

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Re: Top is in
« Reply #4320 on: February 21, 2019, 02:54:04 PM »
Thorstach now is when you should call a top.

You've got to give him at least two down market days in a row, especially if there's a 1%+ drop in each day, only then will the mystical charts speak their wisdom to him and he can share news of the Top.

tyort1

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Re: Top is in
« Reply #4321 on: February 21, 2019, 03:01:55 PM »

JAYSLOL

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Re: Top is in
« Reply #4322 on: February 22, 2019, 02:32:09 PM »

ysette9

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Re: Top is in
« Reply #4323 on: February 22, 2019, 02:41:51 PM »
The Onion nails it again

BobTheBuilder

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Re: Top is in
« Reply #4324 on: February 23, 2019, 08:53:16 AM »
I feel this is the most appropriate place to post this The Onion article- https://www.theonion.com/stock-market-soars-after-investors-decide-that-would-be-1832656593?utm_source=TheOnion_Daily_RSS&utm_medium=email&utm_campaign=&utm_term=

Awesome read! Loved this one:

" ... reportedly woke up “feeling sorta blah” and chose to send all major U.S. indices climbing as a “nice little pick-me-up.” "

2Birds1Stone

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Re: Top is in
« Reply #4325 on: February 23, 2019, 11:32:32 AM »
I'll quit my job the day the Dow hits 30k in 2019.

JAYSLOL

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Re: Top is in
« Reply #4326 on: February 23, 2019, 03:01:44 PM »
I'll quit my job the day the Dow hits 30k in 2019.

And The Top will truly be in

techwiz

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Re: Top is in
« Reply #4327 on: February 24, 2019, 05:07:24 PM »
JAYSLOL.....calling the next TOP for the DOW






2Birds1Stone

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Re: Top is in
« Reply #4328 on: February 25, 2019, 10:13:27 AM »
Buffet calling the top in Kraft.

GuitarStv

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Re: Top is in
« Reply #4329 on: February 25, 2019, 10:31:08 AM »
Buffet calling the top in Kraft.

Jimmy Buffet?  He's been at peak Margharitaville for a while now . . .

merula

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Re: Top is in
« Reply #4330 on: February 25, 2019, 11:29:38 AM »
Jimmy Buffet?  He's been at peak Margharitaville for a while now . . .

Looking for his lost shakers of parmesan and red pepper flakes...

Mississippi Mudstache

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Re: Top is in
« Reply #4331 on: February 25, 2019, 01:42:53 PM »
Jimmy Buffet?  He's been at peak Margharitaville for a while now . . .

Looking for his lost shakers of parmesan and red pepper flakes...


frugledoc

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Re: Top is in
« Reply #4332 on: February 25, 2019, 02:06:41 PM »
I'll quit my job the day the Dow hits 30k in 2019.

And The Top will truly be in

Only if they quit day job to become a day trader will top truly be in

smoghat

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Re: Top is in
« Reply #4333 on: February 26, 2019, 08:01:26 PM »
I’ve lost track of how many times Unca Dotard has praised Dow 25,000 on Twitter. I think he has too.

solon

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Re: Top is in
« Reply #4334 on: March 01, 2019, 03:52:58 PM »
2800 is in!

BicycleB

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Re: Top is in
« Reply #4335 on: March 01, 2019, 07:14:51 PM »
@solon, you have become a fine acolyte of the Great Thorstach.

Few numbers factor out into such pleasing proportions. 2800 =  10 x 10 x 7 x 4.

Or, 7 x (5 x 5) x (2x2x2x2). Meaning 71 x 52 x 24. The exponents rise as the bases sink. The rising exponents represent the power of the rising market. But due to the declining base, further increases are impossible. The next base is obviously 1. And 1 raised to any exponent is 1, hence the series can no longer increase. The market will shortly collapse to a dense and tiny dot.

However you write it, the market gods clearly would not create a universe where the market rises past such a lovely stopping point.

Mathematically, top is in!
« Last Edit: March 01, 2019, 07:20:07 PM by BicycleB »

JAYSLOL

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Re: Top is in
« Reply #4336 on: March 02, 2019, 12:19:56 AM »
However you write it, the market gods clearly would not create a universe where the market rises past such a lovely stopping point.

Mathematically, top is in!


Indeed, the Seductive Lord of the Market himself, thorstach would never allow it!

Sorry, Seductive God of the Market

Wintergreen78

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Re: Top is in
« Reply #4337 on: March 02, 2019, 09:05:35 AM »
@solon, you have become a fine acolyte of the Great Thorstach.

Few numbers factor out into such pleasing proportions. 2800 =  10 x 10 x 7 x 4.

Or, 7 x (5 x 5) x (2x2x2x2). Meaning 71 x 52 x 24. The exponents rise as the bases sink. The rising exponents represent the power of the rising market. But due to the declining base, further increases are impossible. The next base is obviously 1. And 1 raised to any exponent is 1, hence the series can no longer increase. The market will shortly collapse to a dense and tiny dot.

However you write it, the market gods clearly would not create a universe where the market rises past such a lovely stopping point.

Mathematically, top is in!

Oh my! I think you have figured this out. But there is one crucial mistake: 3 is the best number. So, the top can’t be in until the number 3 is involved.

So, obviously, the true top will be 71x52x33x24 = 75,600.

This is only 2,597 % higher than the current market level. So, conservatively, I think the top will be in a week from next Thursday.


BicycleB

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Re: Top is in
« Reply #4338 on: March 02, 2019, 10:55:09 AM »
^Crap. There's a flaw in my theory??

Dang, predicting the market is hard.

Joe Schmo

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Re: Top is in
« Reply #4339 on: March 05, 2019, 10:49:32 PM »
I’ve got dry powder. Once y’all get this whole top thing figured out, let me know where the bottom is!!

JAYSLOL

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Re: Top is in
« Reply #4340 on: March 06, 2019, 08:55:46 AM »
I’ve got dry powder. Once y’all get this whole top thing figured out, let me know where the bottom is!!

Pretty sure December 24, 2018

FIRE@50

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Re: Top is in
« Reply #4341 on: March 06, 2019, 08:58:29 AM »
I’ve got dry powder. Once y’all get this whole top thing figured out, let me know where the bottom is!!

Pretty sure December 24, 2018
Lucky for me, I was 100% in stocks that day! I've never felt smarter.

2Birds1Stone

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Re: Top is in
« Reply #4342 on: March 06, 2019, 09:09:40 AM »
I’ve got dry powder. Once y’all get this whole top thing figured out, let me know where the bottom is!!

Pretty sure December 24, 2018 2019

Fixed that for ya!

dividendman

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Re: Top is in
« Reply #4343 on: March 16, 2019, 01:53:48 AM »
2019 Top is in

it can only go down from here

TheHardenedInvestor

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Re: Top is in
« Reply #4344 on: March 16, 2019, 06:07:08 AM »
2019 Top is in

it can only go down from here

Wasn’t that the OP’s point back in April, 2017?

tralfamadorian

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Re: Top is in
« Reply #4345 on: March 16, 2019, 11:37:24 AM »
2019 Top is in

it can only go down from here

Wasn’t that the OP’s point back in April, 2017?

And thereafter the point of 87 pages of satire.

TheHardenedInvestor

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Re: Top is in
« Reply #4346 on: March 16, 2019, 11:42:57 AM »

And thereafter the point of 87 pages of satire.

Indeed