Author Topic: Top is in  (Read 1350935 times)

Monerexia

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Re: Top is in
« Reply #5700 on: January 31, 2020, 01:37:28 PM »
Fear is back. The whatsit has crossed the whosit line, fellow.

JAYSLOL

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Re: Top is in
« Reply #5701 on: January 31, 2020, 02:01:40 PM »
Top is definitely in this year.  How do I know?  I can see in 2020. 

dragoncar

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Re: Top is in
« Reply #5702 on: January 31, 2020, 03:30:47 PM »
Top is definitely in this year.  How do I know?  I can see in 2020.

Iím calling the 2019 top too.  3247.93 on dec 27


wienerdog

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Re: Top is in
« Reply #5703 on: January 31, 2020, 05:52:38 PM »
29,025 new Dow Top
Come back when it's 20,092.... I like a good palindrome.


Palindrome top is in!


For a true palindrome top we need the DOW to be 29,092!

 Burn is I, Pot top is in. rub.
  29104  so we missed the palindrome top


Holy Super Palindrome Sunday 02/02/2020 

TomTX

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Re: Top is in
« Reply #5704 on: January 31, 2020, 06:51:50 PM »
This thread is terrible for me. It gets me to check the market!

thorstach

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Re: Top is in
« Reply #5705 on: January 31, 2020, 09:10:44 PM »
final top is in

dragoncar

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Re: Top is in
« Reply #5706 on: January 31, 2020, 09:42:47 PM »
Final top is in.

final top is in

You are losing  your capitalization and punctuation !

EscapeVelocity2020

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Re: Top is in
« Reply #5707 on: January 31, 2020, 09:51:23 PM »
final top is in
Phew, for a minute there I thought this might be a down year...

JAYSLOL

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Re: Top is in
« Reply #5708 on: January 31, 2020, 11:47:46 PM »
final top is in
Phew, for a minute there I thought this might be a down year...

The recovery it at hand!  Final bottom is in!

mies

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Re: Top is in
« Reply #5709 on: February 01, 2020, 02:47:04 AM »
Wait. How did we summon thorstach? Was it saying his name 3 times or looking in the mirror and saying his name 5 times?

Brother Esau

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Re: Top is in
« Reply #5710 on: February 01, 2020, 06:13:00 AM »
What is the under/over bet on when the The Great Thorstach speaks?

A 5% drop in the S & P ought to bring him back.

I was wrong. It only took a 2% drop to bring him back. Of course, that means a new Top next week.

aspiringnomad

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dragoncar

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aboatguy

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Re: Top is in
« Reply #5716 on: February 03, 2020, 11:31:23 AM »
final top is in

Thanks for calling the rebound

BigMoneyJim

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Re: Top is in
« Reply #5717 on: February 03, 2020, 11:47:11 AM »
Technically we're still below the top he called (most recently). He could still be right (this time, for a few days to a few weeks to a few years).

dragoncar

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Re: Top is in
« Reply #5718 on: February 03, 2020, 12:22:57 PM »
Technically we're still below the top he called (most recently). He could still be right (this time, for a few days to a few weeks to a few years).

Iím not following your logic.  Heís always right.  Thatís why top is in.

Glenstache

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Re: Top is in
« Reply #5719 on: February 03, 2020, 12:33:12 PM »
Technically we're still below the top he called (most recently). He could still be right (this time, for a few days to a few weeks to a few years).

Iím not following your logic.  Heís always right.  Thatís why top is in.
Just in time for Brexit!

BigMoneyJim

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Re: Top is in
« Reply #5720 on: February 03, 2020, 02:23:40 PM »
Just in time for Brexit!

I thought it was Coronavirus. Wait, what is the market spooked about, again?

JAYSLOL

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Re: Top is in
« Reply #5721 on: February 03, 2020, 02:29:25 PM »
Just in time for Brexit!

I thought it was Coronavirus. Wait, what is the market spooked about, again?

Coronabrexit Top is in. 

Maenad

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Re: Top is in
« Reply #5722 on: February 03, 2020, 05:05:24 PM »

Quote from: Thorstach on January 31, 10^100
Fear is back.  Heat death of universe imminent.  Protons breaking down.  Top is in!

@dragoncar I've had an annoying cold for like 5 days now and I'm cranky as hell - this made me laugh. Thank you!

Exflyboy

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Re: Top is in
« Reply #5723 on: February 03, 2020, 05:53:52 PM »
No its landmines.. This is the landmine top..:)

vand

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Re: Top is in
« Reply #5724 on: February 04, 2020, 07:34:02 AM »
Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

For disclosure: 

I took advantage of the FTSE's dip below its 200dma to cover my short position for 190pts profit, and also to slug more money into my FTSE tracker.

Still holding S&P short position, currently 74pts in loss. Happy enough to let this run as its only a small percentage of my overall position.

GuitarStv

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Re: Top is in
« Reply #5725 on: February 04, 2020, 07:57:04 AM »
I refuse to take any numbers about a 'footsie dip' seriously.

BigMoneyJim

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Re: Top is in
« Reply #5726 on: February 04, 2020, 08:35:58 AM »
Technically we're still below the top he called (most recently). He could still be right (this time, for a few days to a few weeks to a few years).

Still technically true. Maybe for a few more minutes.

As far as short positions, I've never understood why an investment with a 100% max possible return ceiling and an infinite downside is a good idea. But more power to y'all.


Monerexia

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Re: Top is in
« Reply #5728 on: February 04, 2020, 10:01:41 PM »
All time highest one-day gains today. Glad I didn't sell at the top.

vand

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Re: Top is in
« Reply #5729 on: February 05, 2020, 02:34:36 AM »
Technically we're still below the top he called (most recently). He could still be right (this time, for a few days to a few weeks to a few years).

Still technically true. Maybe for a few more minutes.

As far as short positions, I've never understood why an investment with a 100% max possible return ceiling and an infinite downside is a good idea. But more power to y'all.

While you are technically correct that a short seller can only make 100% while facing potential unlimited downside, sometimes the short run odds favour reducing your exposure while the market receeds from its overextended position. The market isn't going to drop to zero or double in that timeframe.

Yes it is market timing, and market timing isn't for most people on here, but it is for some of us, so why scoff? Passive investors need some degree of active investing to make the market and should be grateful to them for doing so by doing strategy also making passive investing possible.

Brother Esau

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Re: Top is in
« Reply #5730 on: February 05, 2020, 06:44:45 AM »
final top is in

I love how thorstach always checks in after a dip in the market and then it goes back to new tops. He was right, Top is in and always will be! Thank you thorstach!!

Maenad

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Re: Top is in
« Reply #5731 on: February 05, 2020, 11:22:19 AM »
final top is in

I love how thorstach always checks in after a dip in the market and then it goes back to new tops. He was right, Top is in and always will be! Thank you thorstach!!

Right? We gotta keep this guy around - he's magically able to stop market drops in their tracks and reverse them! ;-)

UnleashHell

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Re: Top is in
« Reply #5732 on: February 05, 2020, 01:04:28 PM »
final top is in

I love how thorstach always checks in after a dip in the market and then it goes back to new tops. He was right, Top is in and always will be! Thank you thorstach!!

Right? We gotta keep this guy around - he's magically able to stop market drops in their tracks and reverse them! ;-)

shhhh. the top is in. right? RIGHT???

Wolfpack Mustachian

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Re: Top is in
« Reply #5733 on: February 05, 2020, 01:26:37 PM »
Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check.

Uh oh, referencing the original post, VIX is now just barely over 15 after having dropped .95 today. Top is almost not in!

dandarc

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Re: Top is in
« Reply #5734 on: February 05, 2020, 01:31:50 PM »
Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check.

Uh oh, referencing the original post, VIX is now just barely over 15 after having dropped .95 today. Top is almost not in!
But will earnings be a reality check?

wienerdog

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Re: Top is in
« Reply #5735 on: February 05, 2020, 01:38:39 PM »
3,337.58  New Top?  I don't think top was in.

JAYSLOL

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Re: Top is in
« Reply #5736 on: February 05, 2020, 01:46:14 PM »
Did I hear something about a new Top?

Wolfpack Mustachian

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Re: Top is in
« Reply #5737 on: February 05, 2020, 01:57:29 PM »
Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check.

Uh oh, referencing the original post, VIX is now just barely over 15 after having dropped .95 today. Top is almost not in!
But will earnings be a reality check?

They will be the reality....does that count?

wienerdog

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Re: Top is in
« Reply #5738 on: February 05, 2020, 01:57:37 PM »
Did I hear something about a new Top?

Final top was supposed to be a couple days ago.

Exflyboy

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Re: Top is in
« Reply #5739 on: February 05, 2020, 02:05:14 PM »
New record close on the S&P 500 3334.72.

Top is in.. again.

aboatguy

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Re: Top is in
« Reply #5740 on: February 05, 2020, 02:08:47 PM »
New record close on the S&P 500 3334.72.

Top is in.. again.

Thanks be to THORSTACH and his power of turning small dips into new closing milestones

Brother Esau

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Re: Top is in
« Reply #5741 on: February 05, 2020, 02:10:00 PM »
New record close on the S&P 500 3334.72.

Top is in.. again.

Thanks be to THORSTACH and his power of turning small dips into new closing milestones

Approximately 1000 points higher than when this thread started.

SwordGuy

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Re: Top is in
« Reply #5742 on: February 05, 2020, 02:30:40 PM »
Three cheers for @thorstach , the best sport on the MMM forum!

Turkey Leg

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Re: Top is in
« Reply #5743 on: February 05, 2020, 02:47:10 PM »
Three cheers for @thorstach , the best sport on the MMM forum!

I was thinking the same thing. He must get tired of this. :)

dragoncar

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Re: Top is in
« Reply #5744 on: February 05, 2020, 03:38:58 PM »
New record close on the S&P 500 3334.72.

Top is in.. again.

I missed 3333.33!  I guess we just have to wait for 4444.44

Brother Esau

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Re: Top is in
« Reply #5745 on: February 05, 2020, 03:41:47 PM »
Three cheers for @thorstach , the best sport on the MMM forum!

thorstach!

ender

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Steeze

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JAYSLOL

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Re: Top is in
« Reply #5748 on: February 05, 2020, 05:29:19 PM »
https://www.reddit.com/r/wallstreetbets/comments/eytmj5/dont_doubt_ur_vibe/

Holy shit.  What do you think the chances are he puts it all in a low fee index fund and walks away?

Monerexia

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Re: Top is in
« Reply #5749 on: February 05, 2020, 10:08:05 PM »
Three cheers for @thorstach , the best sport on the MMM forum!

I was thinking the same thing. He must get tired of this. :)

Haha yep. I do believe this is the best epic years-long roast I have witnessed to date.