S&P sneaked right past 3,000 and I didn't even notice. Somebody keeps moving the top.
The S&P 500 is up 31% in just over a month! We are on our way to the biggest top ever! It is going to be amazing! Many people are saying they are excited.
Quote from: Wintergreen78 on April 29, 2020, 06:42:01 PMThe S&P 500 is up 31% in just over a month! We are on our way to the biggest top ever! It is going to be amazing! Many people are saying they are excited.And up again! Can someone please call the top in, this bull run seems unstoppable and crazy to me :(
This is the top 50 days in the history of forever!https://www.cnbc.com/2020/06/03/this-is-the-greatest-50-day-rally-in-the-history-of-the-sp-500.html
Hey I suggest we all PM thorstach as a special thanks wwaaahhhhh
His ability to call the Australian top is quite impressive. He called the last top (northern hemisphere bottom) on March 20, and sure enough the market made a huge drop (northern hemisphere rebound) within a few days. I picture thorstache looking like Crocodile Dundee. You've heard of bear markets and bull markets; this is a croc market, mate.
Quote from: dougules on June 04, 2020, 03:10:45 PMHis ability to call the Australian top is quite impressive. He called the last top (northern hemisphere bottom) on March 20, and sure enough the market made a huge drop (northern hemisphere rebound) within a few days. I picture thorstache looking like Crocodile Dundee. You've heard of bear markets and bull markets; this is a croc market, mate.I think I found a picture with Thorstache and his "Top" mate
NASDAQ top is in?
Back to the topic, the 10K top is dead long live the 10024 top!
Market looks like it might be about to get "interesting" again...
Quote from: vand on June 11, 2020, 10:17:20 AMMarket looks like it might be about to get "interesting" again...right? i mean, the NYT headline is Stocks slide as glum forecasts and new virus cases pierce Wall Street’s bubble.i thought the market was efficient? wasn't all of this known, by everyone, for like 2 months?
Quote from: kenmoremmm on June 11, 2020, 10:30:05 AMQuote from: vand on June 11, 2020, 10:17:20 AMMarket looks like it might be about to get "interesting" again...right? i mean, the NYT headline is Stocks slide as glum forecasts and new virus cases pierce Wall Street’s bubble.i thought the market was efficient? wasn't all of this known, by everyone, for like 2 months?No, many people are in complete denial and think the lockdowns are/were unnecessary. Some of them are on this board. One of the threads that somehow has even more nonsense in it that this thread does: https://forum.mrmoneymustache.com/welcome-to-the-forum/how-long-can-we-wait-while-flattening-the-curve/
Sorry, but nonsense top is in.
Quote from: frugalnacho on June 11, 2020, 11:18:05 AMSorry, but nonsense top is in.Nonsense. There is always room for more nonsense!
After today's drop, the S&P 500 is all the way down to valuations not seen since May of 2020.
Quote from: maizeman on June 11, 2020, 04:00:59 PMAfter today's drop, the S&P 500 is all the way down to valuations not seen since May of 2020. That's like a whole catastrophe APOCALYPSE or two ago!
After today's drop, the S&P 500 is all the way down to valuations not seen since May of 2020. Off topic: I just realized today that my stash has gotten big enough that on days like today I can lose as much money in a day as I was making in a whole year eight years ago ... and not even notice.
Just spent almost a month away from internet and saw that my account values have come up nicely. I'm wary though, so pretty sure if not now then soon the top will be in.
Quote from: Glenstache on June 23, 2020, 01:11:52 PMJust spent almost a month away from internet and saw that my account values have come up nicely. I'm wary though, so pretty sure if not now then soon the top will be in.yes very clear after today top is in. :(
Quote from: Monerexia on March 11, 2020, 11:23:17 PMQuote from: Monerexia on February 21, 2020, 12:25:19 PMQuote from: aboatguy on February 21, 2020, 12:12:21 PMQuote from: aboatguy on February 20, 2020, 11:39:54 AMIt went down, it is still dropping.......To paraphrase Herman Wouk, Panic!, in times of danger or in doubt run in circles scream and shout....... or channel Jack Bogle and just do nothing... I prefer the later..and the top is still not in.and it's still droppingWe need a nice, monstrous, five-year sale on stocks. Top, my friend, hope you were in.might actually get my wish!Looking more and more likely...
Quote from: Monerexia on February 21, 2020, 12:25:19 PMQuote from: aboatguy on February 21, 2020, 12:12:21 PMQuote from: aboatguy on February 20, 2020, 11:39:54 AMIt went down, it is still dropping.......To paraphrase Herman Wouk, Panic!, in times of danger or in doubt run in circles scream and shout....... or channel Jack Bogle and just do nothing... I prefer the later..and the top is still not in.and it's still droppingWe need a nice, monstrous, five-year sale on stocks. Top, my friend, hope you were in.might actually get my wish!
Quote from: aboatguy on February 21, 2020, 12:12:21 PMQuote from: aboatguy on February 20, 2020, 11:39:54 AMIt went down, it is still dropping.......To paraphrase Herman Wouk, Panic!, in times of danger or in doubt run in circles scream and shout....... or channel Jack Bogle and just do nothing... I prefer the later..and the top is still not in.and it's still droppingWe need a nice, monstrous, five-year sale on stocks. Top, my friend, hope you were in.
Quote from: aboatguy on February 20, 2020, 11:39:54 AMIt went down, it is still dropping.......To paraphrase Herman Wouk, Panic!, in times of danger or in doubt run in circles scream and shout....... or channel Jack Bogle and just do nothing... I prefer the later..and the top is still not in.and it's still dropping
It went down, it is still dropping.......To paraphrase Herman Wouk, Panic!, in times of danger or in doubt run in circles scream and shout....... or channel Jack Bogle and just do nothing... I prefer the later..and the top is still not in.
I had two put options on $SPY, but--since top was in--one of them finished Tuesday out of the money, so now I just have one.
flashed the golden cross
meaning the Bear Market is over......