Top is in

[kendallf]

S&P 500 has crossed 2950.. We're doomed!

<yawn>

I am grumpy today about some financial matters (my mother's spending, medical bills, tree fell on my house, yada yada) and just saw this thread, looked at my accounts and realized, I'm richer than I've ever been. 

Gotta be the top.

Would it be too early to say "tree top is in"?  Sorry, terrible sense of humor.

Glad to hear there's a silver lining.  Hopefully things will improve.

Tree top is in da house. woot woot!

Nah, it was just the tip...

/ba dump dump/

The tip of one branch, that is.

[Wolfpack Mustachian]

The top is not in yet, but it will be shortly:

https://www.msn.com/en-us/money/markets/major-wall-street-banks-are-telling-clients-to-be-ready-for-a-sudden-rip-higher-in-the-market/ar-AAAMicf?ocid=spartanntp

We're for sure going to melt-up, but then the top will be in.

[thorstach]

Double GOAT MOAT is in

[Maenad]

Aw man, I was just going to start the betting pool on whether Thorstach would be back today! (Futures are way down given tariff talk by 45).

In Stardew Valley, I named my goat GOATMOAT in honor of this thread.

[techwiz]

Double GOAT MOAT is in

Those blue lines form an arrow pointing in the direction of the TOP.  Looks to me it is S&P hitting 3000 around the 21st of May according to the blue line....

This might be it?

[dragoncar]

Isn’t that technically a TRIPLE GOAT MOAT?  I agree with techwiz that it appears we are in for a quadruple goat moat and beyond.  The top will always be in, of course, but there’s no law saying the top can’t get higher over time.  Fight me

[ysette9]

I enjoyed some great goat cheese this past weekend. Was I channeling our fearless leader @thorstache?

[UnleashHell]

Isn’t that technically a TRIPLE GOAT MOAT?  I agree with techwiz that it appears we are in for a quadruple goat moat and beyond.  The top will always be in, of course, but there’s no law saying the top can’t get higher over time.  Fight me

shame on you. go wash your mouth out with soap.

the top is IN

[solon]

Isn’t that technically a TRIPLE GOAT MOAT?  I agree with techwiz that it appears we are in for a quadruple goat moat and beyond.  The top will always be in, of course, but there’s no law saying the top can’t get higher over time.  Fight me

shame on you. go wash your mouth out with soap.

the top is IN

GOAT soap

[dragoncar]

Isn’t that technically a TRIPLE GOAT MOAT?  I agree with techwiz that it appears we are in for a quadruple goat moat and beyond.  The top will always be in, of course, but there’s no law saying the top can’t get higher over time.  Fight me

shame on you. go wash your mouth out with soap.

the top is IN

GOAT soap

Double goat soap?

[techwiz]

X 2

[JAYSLOL]

Any more GOAT jokes and I'll need a few of these

[FIRE@50]

The anticipation of the view from the top is always so exciting, until you realize it was just a false summit.

[Tyson]

So much topping in this thread.

[BobTheBuilder]

I shorted the everything bubble in paralell to my buy and hold portfolio.

I made 4% in 1 day, a total of €46. I am the next Michael Burry. Whoop Whoop!

[Kem]

The anticipation of the view from the top is always so exciting, until you realize it was just a false summit.

When cli(mb)-max turns into cry-max

[Padonak]

I shorted the everything bubble in paralell to my buy and hold portfolio.

I made 4% in 1 day, a total of €46. I am the next Michael Burry. Whoop Whoop!

When a builder shorts stocks, the top is in!

Lol

[JAYSLOL]

The GOAT crash is here!

https://m.youtube.com/watch?v=94cCEQKf-PM

[JAYSLOL]

So I'm assuming everyone's too busy selling off their portfolios to talk about how the Top Is In

[solon]

So I'm assuming everyone's too busy selling off their portfolios to talk about how the Top Is In

The top WAS in. Thorstach called it. Now it's time for the sudden and inevitable decline.

[effigy98]

I sold my emerging markets because they are too cheap now, will buy them again when the are at the top again like a good typically stock investor.

[Brother Esau]

Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check.

I sold off as soon as I read this. Still waiting for the bottom so I can finally buy back in.

[Wintergreen78]

I’m at Schroedinger’s top. I’m not going to check anything until I get statements in July. Right now, I am experiencing both the top and the bottom simultaneously.

[Davnasty]

I’m at Schroedinger’s top. I’m not going to check anything until I get statements in July. Right now, I am experiencing both the top and the bottom simultaneously.

69?

[Exflyboy]

I’m at Schroedinger’s top. I’m not going to check anything until I get statements in July. Right now, I am experiencing both the top and the bottom simultaneously.

69?

Ah, a physics joke and a sex joke as a reply.. Awesome..:)

[ILikeDividends]

I’m at Schroedinger’s top. I’m not going to check anything until I get statements in July. Right now, I am experiencing both the top and the bottom simultaneously.

69?

Ah, a physics joke and a sex joke as a reply.. Awesome..:)

Kind of like a Mobius striptease.  The third dimension is overrated.  A two dimensional stripper just turns her clothes inside out.

Mobius top/bottom is in/out.

[BigMoneyJim]

Saturday my 7-day annualized loss was about 75%, so I missed the top and am panicking since it's going to be worse after the NAVs update today.

Oh wait no I'm not because I have long term AA plans and expect this kind of thing occasionally and will stuff my normal portion into my next paycheck as scheduled no matter where the market is then.

[Exflyboy]

Saturday my 7-day annualized loss was about 75%, so I missed the top and am panicking since it's going to be worse after the NAVs update today.

Oh wait no I'm not because I have long term AA plans and expect this kind of thing occasionally and will stuff my normal portion into my next paycheck as scheduled no matter where the market is then.

As JL.Collins pointed out referring to a study done by Fidelity. The investors that had made the best returns over time.. They were dead! Literally..:)

Moral of the story?.. Don't do anything, except keep investing if you have a pulse!

[HBFIRE]

As JL.Collins pointed out referring to a study done by Fidelity. The investors that had made the best returns over time.. They were dead! Literally..:)

Moral of the story?.. Don't do anything, except keep investing if you have a pulse!

Yeah, that whole thing about the Fidelity study was made up.  It never really happened.

[Exflyboy]

As JL.Collins pointed out referring to a study done by Fidelity. The investors that had made the best returns over time.. They were dead! Literally..:)

Moral of the story?.. Don't do anything, except keep investing if you have a pulse!

Yeah, that whole thing about the Fidelity study was made up.  It never really happened.

Well thats a bummer..

[SubL stache]

As JL.Collins pointed out referring to a study done by Fidelity. The investors that had made the best returns over time.. They were dead! Literally..:)

Moral of the story?.. Don't do anything, except keep investing if you have a pulse!

Yeah, that whole thing about the Fidelity study was made up.  It never really happened.

Pretty sure this is also published in A Random Walk Down Wall Street, at least the most recent edition.

[HBFIRE]

Pretty sure this is also published in A Random Walk Down Wall Street, at least the most recent edition.

Then I guess they also published something that didn't happen.

"Fidelity, which has received inquiries about the study ever since, without knowing why, told me this week that it had never produced such a study."

http://financialuproar.com/2016/08/30/remember-fidelity-study-said-dead-investors-best/

https://www.nytimes.com/2016/08/06/your-money/401k-retirement-plan-investment-stock-markets.html

[ysette9]

Keeping up with this thread is about my only indication of whether the market is fluctuating up or down at the moment.

[secondcor521]

Keeping up with this thread is about my only indication of whether the market is fluctuating up or down at the moment.

It's always fluctuating up or down.

Fluctuating Top Is In.

[hadabeardonce]

Pretty sure this is also published in A Random Walk Down Wall Street, at least the most recent edition.

Then I guess they also published something that didn't happen.

"Fidelity, which has received inquiries about the study ever since, without knowing why, told me this week that it had never produced such a study."

http://financialuproar.com/2016/08/30/remember-fidelity-study-said-dead-investors-best/

https://www.nytimes.com/2016/08/06/your-money/401k-retirement-plan-investment-stock-markets.html

This should be an entry as a part of a "Finance Myths" wiki, right below "thorstach said the top was in on April 11, 2017 at 8:26 AM"

[PathtoFIRE]

Finally got my solo 401k/CBP plan up, and will be funded with 3 months of (patiently) waiting contributions at the EOB today, so I'm calling the top will be in today.

[merula]

This should be an entry as a part of a "Finance Myths" wiki, right below "thorstach said the top was in on April 11, 2017 at 8:26 AM"

Not even touching your disparagement of thorstach, but it is a verifiable fact that he said the top was in at that date and time.

[Maenad]

This should be an entry as a part of a "Finance Myths" wiki, right below "thorstach said the top was in on April 11, 2017 at 8:26 AM"

*gasp* Unbeliever!

[dragoncar]

This should be an entry as a part of a "Finance Myths" wiki, right below "thorstach said the top was in on April 11, 2017 at 8:26 AM"

Not even touching your disparagement of thorstach, but it is a verifiable fact that he said the top was in at that date and time.

Fake news!  Fake top!

[dougules]

This should be an entry as a part of a "Finance Myths" wiki, right below "thorstach said the top was in on April 11, 2017 at 8:26 AM"

Not even touching your disparagement of thorstach, but it is a verifiable fact that he said the top was in at that date and time.

Fake news!  Fake top!

No! Heretic!  Fake news, REAL top!

Top is in!

[Wintergreen78]

This should be an entry as a part of a "Finance Myths" wiki, right below "thorstach said the top was in on April 11, 2017 at 8:26 AM"

Not even touching your disparagement of thorstach, but it is a verifiable fact that he said the top was in at that date and time.

Fake news!  Fake top!

No! Heretic!  Fake news, REAL top!

Top is in!

What does it even mean for the top to be in? I think we may not be comprehending the full metaphysical nature of Thorstach’s teaching. This myopic focus on numbers and charts is narrowing our thinking too much.

I for one will lock myself in a dark room and meditate on the nature of the eternal top.

[hadabeardonce]

What does it even mean for the top to be in? I think we may not be comprehending the full metaphysical nature of Thorstach’s teaching. This myopic focus on numbers and charts is narrowing our thinking too much.

I for one will lock myself in a dark room and meditate on the nature of the eternal top.

Someone beat you to it - https://www.youtube.com/watch?v=vUgs2O7Okqc

- Hunter S. Thompson

[dougules]

What does it even mean for the top to be in? I think we may not be comprehending the full metaphysical nature of Thorstach’s teaching. This myopic focus on numbers and charts is narrowing our thinking too much.

I for one will lock myself in a dark room and meditate on the nature of the eternal top.

Someone beat you to it - https://www.youtube.com/watch?v=vUgs2O7Okqc

- Hunter S. Thompson

Maybe we should build a toppist monastery devoted to meditating on the true nature of the top. 

[Wintergreen78]

Here, you are always at the top!

[techwiz]

Why limit ourselves to earth we have a whole universe to find the top of.



Universal Top is in!

[ysette9]

Why limit ourselves to earth we have a whole universe to find the top of.



Universal Top is in!

Ah, but “top” is so arbitrary! It’s not like there is a fixed coordinate system inherent in the universe. I shall simply define mine differently than yours so that your top is now my bottom so I can carry on investing.

[slow hand slow plan]

Ill raise everyone a universal top with a Double carrot Top

[Wintergreen78]

Why limit ourselves to earth we have a whole universe to find the top of.



Universal Top is in!

Ah, but “top” is so arbitrary! It’s not like there is a fixed coordinate system inherent in the universe. I shall simply define mine differently than yours so that your top is now my bottom so I can carry on investing.

I’ve decided to only define my tops in non-inertial reference frames. Even the position of the top and the bottom within the frame is no longer fixed.

Everything depends on Coriolis.

[merula]

Maybe we should build a toppist monastery devoted to meditating on the true nature of the top.

As long as the toppist monastery has toppist monks brewing toppist beer, I'm in.

[sol]

I’ve decided to only define my tops in non-inertial reference frames. Even the position of the top and the bottom within the frame is no longer fixed.

Non-inertial reference frames are for simpletons who believe in momentum; I've decided to only define my tops in relativistic reference frames.  Time is an illusion and length is a function of your velocity.  Eventually, all tops will succumb to space-time inversions and be physically unable to share information with the rest of the universe, making them irrelevant. 

Entropic expansion is forever.  The top is never in.