Top is in

[MustacheAndaHalf]

Recession is in

Where were you in December 2021?  You need to do a retroactive top is in.

[talltexan]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Some people think that the market went up because they ruled out any 0.75% rises.

I don't get this panicking over increasing rates. If any business can't survive because it costs 1/2 percent more to borrow money then it doesn't deserve to stay in business anyway!

I think we have a labor organizer here.

[Exflyboy]

I think we have to admit that Thorstache is right this time!

[techwiz]

I think we have to admit that Thorstache is right this time!

There was never any doubt that Thorstache was right all along. The top is in!

[sonofsven]

Did I miss the top? Dammit! I always forget to read my horoscope on my birthday, too

[GuitarStv]

Does the choice have to be red or blue?  I've been taking yellow pills for a while now . . .

[techwiz]

Does the choice have to be red or blue?  I've been taking yellow pills for a while now . . .

I wouldn't want to limit anyone's choices. You do you! ;)




P.S. Top is in!

[ChpBstrd]

Is the red pill / blue pill thing a metaphor about following either the Top Is In thread or the Bottom Is In thread?

Which is the painful truth and which is the blissful illusion? I need someone from the internet to tell me these things.

[dragoncar]

It’s like the age old saying goes:

Even a broken clock is right top is in

[PDXTabs]

Is the red pill / blue pill thing a metaphor about following either the Top Is In thread or the Bottom Is In thread?

Which is the painful truth and which is the blissful illusion? I need someone from the internet to tell me these things.

Oil is down, Dow is down, bonds are up, Nasdaq is up, SP-500 is up. I don't even know which thread to post in.

[Exflyboy]

My first buy point for more S&P 500 is 20% down.. who's with me?

[zolotiyeruki]

My first buy point for more S&P 500 is 20% down.. who's with me?

Well, I'm still in the accumulation phase (which just got longer over the past couple weeks :) ), so I'm still just DCA'ing every couple weeks...

[PDXTabs]

My first buy point for more S&P 500 is 20% down.. who's with me?

My 401k buy is Friday, which I assume means that the market will be up.

[markbike528CBX]

My first buy point for more S&P 500 is 20% down.. who's with me?

As I'm in the withdrawal phase, I don't have much cash, but I'm in.

I did go all in at 20% down in September 2008.   Watching the further drop was painful, but I kept throwing new cash in until I ran out (but still kept 401k DCAing).
Last major buy was February 2009 1 share of BRK.B at $2400, mostly for the shareholder's meeting badge.

Retired now, so it seems to have worked out OK.

[GuitarStv]

My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[secondcor521]

My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

[Hall11235]

It’s like the age old saying goes:

Even a broken clock is right top is in

I'm not sure why, but this had me guffawing loudly in my cubicle. Getting strange looks about it now.

[ChpBstrd]

My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

In that case @secondcor521 the top was indeed in.


https://yhoo.it/3MdbyMs

[MustacheAndaHalf]

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

@secondcor521 you holding leveraged (3x?) inverse ETFs for over 5 years strikes me as a unique perspective.  Have you brought it up anywhere else, where it could be a separate discussion?

[dragoncar]

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

@secondcor521 you holding leveraged (3x?) inverse ETFs for over 5 years strikes me as a unique perspective.  Have you brought it up anywhere else, where it could be a separate discussion?

I believe he’s as serious as this thread… in other words deadly serious

[GuitarStv]

My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .

[Glenstache]

My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .

I'm 80% into FETTs. All Star Wars action figures in original wrapping. You can tell Jabba I've invested his money.

[secondcor521]

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

@secondcor521 you holding leveraged (3x?) inverse ETFs for over 5 years strikes me as a unique perspective.  Have you brought it up anywhere else, where it could be a separate discussion?

I believe he’s as serious as this thread… in other words deadly serious

Well, I didn't want to talk about it because actually what happened was I took out a 30 year fixed rate mortgage on my house and maxxed out a HELOC on April 1, 2017.  It took 10 days for the funds to settle, which is when I invested into SQQQ.  (Lucky guess, @ChpBstrd!)

Still trying to figure out what to do with my tulip bulb and Beanie Baby collections.

Just embarrassed by all my success and didn't want to top is in.

[MustacheAndaHalf]

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

@secondcor521 you holding leveraged (3x?) inverse ETFs for over 5 years strikes me as a unique perspective.  Have you brought it up anywhere else, where it could be a separate discussion?

I believe he’s as serious as this thread… in other words deadly serious

Check the date of the original post in this thread and compare it with my post above.

(Alternatively, check my journal and any post where I mention my actual AA.  I've been LTBH at least 90% US low-cost index broadly diversified funds since 1987 in actual fact, and currently am at 98/2.)

Oh well, my search for a like minded investor continues - even in joke threads.  I guess enough people dislike ARKK that I can mention one of my inverse ETFs: SARK, which is up +30% or so in the past 5 days.  I joke about the top being in - but I've actually invested in the top being in.
( thorstach - Are you invested in inverse ETFs? )

[2Birds1Stone]

VTI kissed the bear today, but closed a quarter higher. Shit is about to get very interesting.  We'll see soon enough who can HODL and who will break.

[dragoncar]

( thorstach - Are you invested in inverse ETFs? )

Are you being willfully obtuse? Thorstach has been posting from a prepper cave.  He doesn’t trust brokerage firms with his lentils

[PDXTabs]

VTI kissed the bear today, but closed a quarter higher. Shit is about to get very interesting.  We'll see soon enough who can HODL and who will break.

HODL is my favorite game.

💎🙌

Kiss the bear.

[HPstache]

I think we pass kissing and get to 3rd base with the bear tomorrow

[MustacheAndaHalf]

( thorstach - Are you invested in inverse ETFs? )

Are you being willfully obtuse? Thorstach has been posting from a prepper cave.  He doesn’t trust brokerage firms with his lentils

Refresh my memory which lentil preparing prepper cave dwellers post like this:

Nasdaq top is in

On Aug 19 2021, QQQ closed at 362.64 after thorstach's post.  QQQ closed at $291.84 yesterday, or -20% down from his "top is in" comment.  He didn't hit the 52 week high of $408.71, but that prediction is certainly better than the stubborn buy-the-dippers I see on reddit.

With inverse ETFs, the drops are profitable... so I guess you could summarize my investment approach as "the top is still in"

[Exflyboy]

I think we pass kissing and get to 3rd base with the bear tomorrow

I might be buying some VTSAX today.

[EscapeVelocity2020]

I think we pass kissing and get to 3rd base with the bear tomorrow

I might be buying some VTSAX today. saying Bottom Is In!

Nothing more reassuring than someone maybe doing something with no framework whatsoever!  I might be doing something too if something happens, but I'm not sure...

[tooqk4u22]

I think we pass kissing and get to 3rd base with the bear tomorrow

I might be buying some VTSAX today. saying Bottom Is In!

Nothing more reassuring than someone maybe doing something with no framework whatsoever!  I might be doing something too if something happens, but I'm not sure...

I might be doing something sometime too....

Might be doing something top is in!

[GuitarStv]

HODL is my favorite game.

💎🙌

I hope you see a doctor and get over the diamond clap soon.  I hear it's much worse than regular gonorrhea.

[Exflyboy]

I think we pass kissing and get to 3rd base with the bear tomorrow

I might be buying some VTSAX today. saying Bottom Is In!

Nothing more reassuring than someone maybe doing something with no framework whatsoever!  I might be doing something too if something happens, but I'm not sure...

I might be doing something sometime too....

Might be doing something top is in!

\

I thought I was going to do something but I didn't!

[JAYSLOL]

My first buy point for more S&P 500 is 20% down.. who's with me?

My buy point is every second Friday

[PDXTabs]

My first buy point for more S&P 500 is 20% down.. who's with me?

My buy point is every second Friday

Mine too, tomorrow. Watch the market go up.

[RunningintoFI]

My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .

One of my good friends actually quit his full time developer job to go full time into trading NFTs in late 2021...

[PDXTabs]

My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .

One of my good friends actually quit his full time developer job to go full time into trading NFTs in late 2021...

How did he do?

[ChpBstrd]

My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .

One of my good friends actually quit his full time developer job to go full time into trading NFTs in late 2021...

How did he do?

I'm guessing an NFT may be all that is left of him.

[zolotiyeruki]

How did he do?

I'm guessing an NFT may be all that is left of him.

I know a guy who's quite a brilliant software engineer.  Left a FAANG to go work for a couple of crypto startups over the last couple years.  Both startups lost 90+% of their market cap within a year.  With stablecoins proving to be not-so-stable, the whole thing looks more and more like a pyramid scheme.  No assets or revenue to back the "asset".

[PDXTabs]

How did he do?

I'm guessing an NFT may be all that is left of him.

I know a guy who's quite a brilliant software engineer.  Left a FAANG to go work for a couple of crypto startups over the last couple years.  Both startups lost 90+% of their market cap within a year.  With stablecoins proving to be not-so-stable, the whole thing looks more and more like a pyramid scheme.  No assets or revenue to back the "asset".

I've worked in a couple of chaotic startups with questionable business prospects, but I've always gotten paid and learned something new.

[MustacheAndaHalf]

ARKK up +11.6% on a Friday.  Kathy Wood top is in.
https://finance.yahoo.com/quote/ARKK/

[zolotiyeruki]

How did he do?

I'm guessing an NFT may be all that is left of him.

I know a guy who's quite a brilliant software engineer.  Left a FAANG to go work for a couple of crypto startups over the last couple years.  Both startups lost 90+% of their market cap within a year.  With stablecoins proving to be not-so-stable, the whole thing looks more and more like a pyramid scheme.  No assets or revenue to back the "asset".

I've worked in a couple of chaotic startups with questionable business prospects, but I've always gotten paid and learned something new.

Yeah, I'm sure he's well-compensated, but I keep thinking "what a waste of talent."

[HPstache]

ARKK up +11.6% on a Friday.  Kathy Wood top is in.
https://finance.yahoo.com/quote/ARKK/

Dead cat bounce bottom is in

[2Birds1Stone]

Definitely no bottom yet. The downward momentum is strong AF.

[PDXTabs]

Definitely no bottom yet. The downward momentum is strong AF.

What downward momentum?

Top is in!

[WranglerBowman]

My first buy point for more S&P 500 is 20% down.. who's with me?

My 401k buy is Friday, which I assume means that the market will be up.

Nailed it!  I always find myself a little pissed off when the market is up on pay day, which is my 401k buy day.  Never fails!

[Exflyboy]

My first buy point for more S&P 500 is 20% down.. who's with me?

My 401k buy is Friday, which I assume means that the market will be up.

Nailed it!  I always find myself a little pissed off when the market is up on pay day, which is my 401k buy day.  Never fails!

Yup and it never quite made the 20% down so no buy for me... Next week maybe?

[PDXTabs]

My first buy point for more S&P 500 is 20% down.. who's with me?

My 401k buy is Friday, which I assume means that the market will be up.

Nailed it!  I always find myself a little pissed off when the market is up on pay day, which is my 401k buy day.  Never fails!

I need to look into buying weekly call options for my 401k buy days. But IDK, maybe the market has already priced in my 401k buys.

[ChpBstrd]

My first buy point for more S&P 500 is 20% down.. who's with me?

My 401k buy is Friday, which I assume means that the market will be up.

Nailed it!  I always find myself a little pissed off when the market is up on pay day, which is my 401k buy day.  Never fails!

[starts furiously searching the internet to see if anyone has ever researched a payday effect, where markets go up because everyone's 401k buys stock on the same day.]