Author Topic: Top is in  (Read 3134508 times)

OurTown

  • Handlebar Stache
  • *****
  • Posts: 1368
  • Age: 54
  • Location: Tennessee
Re: Top is in
« Reply #1050 on: October 23, 2017, 02:44:47 PM »
Intra-day top I guess.

sol

  • Walrus Stache
  • *******
  • Posts: 8433
  • Age: 47
  • Location: Pacific Northwest
Re: Top is in
« Reply #1051 on: October 23, 2017, 02:55:36 PM »
Top is in

S&P 500 is up 8.97% since your OP.

NASDAQ is up 12.27% since your OP.

You lose.

Have you not been playing along?  Every new call of the top automatically negates all of the previous calls of the top.  If you call the top every day, one day you will be (temporarily) correct.

So the real genius in thostach's thread isn't in the days he calls the top, it's in all of the days he doesn't.  Just look at all of the tops we've passed since he last called the top!  It takes real market insight to NOT call the top at any of those false tops.

OurTown

  • Handlebar Stache
  • *****
  • Posts: 1368
  • Age: 54
  • Location: Tennessee
Re: Top is in
« Reply #1052 on: October 23, 2017, 03:16:26 PM »
Top is in . . . on the Bitcoin market.

Tyson

  • Magnum Stache
  • ******
  • Posts: 3023
  • Age: 51
  • Location: Denver, Colorado
Re: Top is in
« Reply #1053 on: October 23, 2017, 04:20:16 PM »

Mr. Boh

  • Stubble
  • **
  • Posts: 149
  • Location: The Land of Pleasant Living
Re: Top is in
« Reply #1054 on: October 23, 2017, 06:11:22 PM »
Thorstach thank god you came back! Tell us why the top is in now.

JAYSLOL

  • Handlebar Stache
  • *****
  • Posts: 2131
Re: Top is in
« Reply #1055 on: October 23, 2017, 08:24:11 PM »
Thorstach thank god you came back! Tell us why the top is in now.

+1

Rufus.T.Firefly

  • Bristles
  • ***
  • Posts: 272
Re: Top is in
« Reply #1056 on: October 23, 2017, 09:33:53 PM »
I'm beginning to think Thorstach is just another member moonlighting as an amateur stock analyst for our amusement. Either way, thank you Thorstach. Best thread on the forum for a while now.

aspiringnomad

  • Pencil Stache
  • ****
  • Posts: 956
Re: Top is in
« Reply #1057 on: October 23, 2017, 11:00:06 PM »
I'm beginning to think Thorstach is just another member moonlighting as an amateur stock analyst for our amusement. Either way, thank you Thorstach. Best thread on the forum for a while now.

Maybe thorstach is our market timing id trying to undermine our buy and hold ego.


solon

  • Handlebar Stache
  • *****
  • Posts: 2359
  • Age: 1823
  • Location: OH
Re: Top is in
« Reply #1058 on: October 24, 2017, 05:09:14 AM »

JAYSLOL

  • Handlebar Stache
  • *****
  • Posts: 2131
Re: Top is in
« Reply #1059 on: October 24, 2017, 08:30:25 AM »
Clearly the top is in

solon

  • Handlebar Stache
  • *****
  • Posts: 2359
  • Age: 1823
  • Location: OH
Re: Top is in
« Reply #1060 on: October 24, 2017, 08:35:08 AM »

ZiziPB

  • Magnum Stache
  • ******
  • Posts: 3417
  • Location: The Other Side
Re: Top is in
« Reply #1061 on: October 24, 2017, 10:41:50 AM »
Are we there yet?

bobechs

  • Handlebar Stache
  • *****
  • Posts: 1065
Re: Top is in
« Reply #1062 on: October 24, 2017, 11:15:33 AM »
Are we there yet?

Yes, top is in.... now!

frugledoc

  • Pencil Stache
  • ****
  • Posts: 743
Re: Top is in
« Reply #1063 on: October 24, 2017, 11:35:41 AM »
The top is in, on the street
Inside your head, on every beat
And the beat's so loud, deep inside
The pressure's high, just to stay alive
'Cause the top is in

Oh-wo-ho, oh-wo-ho
Caught up in the action I've been looking out for you
Oh-wo-ho, oh-wo-ho
(Tell me can you feel it)
(Tell me can you feel it)
(Tell me can you feel it)
The top is in, the top is in, the top is in,
Oh it's on the street, the TOP IS IN!

DarkandStormy

  • Handlebar Stache
  • *****
  • Posts: 1498
  • Age: 34
  • Location: Midwest, USA
Re: Top is in
« Reply #1064 on: October 24, 2017, 11:36:41 AM »
The top of the market is in and has been in since before i started the thread. The top being the march 1st all time high which remains unbroken.

marielle

  • Pencil Stache
  • ****
  • Posts: 860
  • Age: 30
  • Location: South Carolina
Re: Top is in
« Reply #1065 on: October 24, 2017, 11:40:32 AM »
Wait but wasn't Friday the top? Why didn't you call it on Friday!?

I DIDN'T SELL! What am I going to do now?

afuera

  • Pencil Stache
  • ****
  • Posts: 565
  • Age: 32
  • Location: Charm City
Re: Top is in
« Reply #1066 on: October 24, 2017, 12:14:14 PM »
I'm showing SPY red and top still in.

Clean Shaven

  • Pencil Stache
  • ****
  • Posts: 821
  • Location: Wild Wild West
Re: Top is in
« Reply #1067 on: October 24, 2017, 12:18:46 PM »

JAYSLOL

  • Handlebar Stache
  • *****
  • Posts: 2131
Re: Top is in
« Reply #1068 on: October 24, 2017, 12:19:34 PM »

Radagast

  • Magnum Stache
  • ******
  • Posts: 2538
  • One Does Not Simply Work Into Mordor
Re: Top is in
« Reply #1069 on: October 24, 2017, 10:25:53 PM »

Radagast

  • Magnum Stache
  • ******
  • Posts: 2538
  • One Does Not Simply Work Into Mordor
Re: Top is in
« Reply #1070 on: October 24, 2017, 10:27:55 PM »
Thorstach thank god you came back! Tell us why the top is in now.
+1
People who agree with other people in this thread should add the word "Tops" after. Also, we should go sequentially starting from you.

+2 Tops

JAYSLOL

  • Handlebar Stache
  • *****
  • Posts: 2131
Re: Top is in
« Reply #1071 on: October 24, 2017, 10:46:31 PM »
Thorstach thank god you came back! Tell us why the top is in now.
+1
People who agree with other people in this thread should add the word "Tops" after. Also, we should go sequentially starting from you.

+2 Tops

I'm down. 

+1 Tops +2 Tops
+ Red Tops + Blue Tops

Wait, that can't be right

talltexan

  • Walrus Stache
  • *******
  • Posts: 5344
Re: Top is in
« Reply #1072 on: October 25, 2017, 12:30:41 PM »
We're down for today. I've been hoping the top wasn't in, yet, as I still wanted to do some buying, but now all my limit orders are hitting!

OurTown

  • Handlebar Stache
  • *****
  • Posts: 1368
  • Age: 54
  • Location: Tennessee
Re: Top is in
« Reply #1073 on: October 25, 2017, 02:06:12 PM »
Wait, did I miss it?

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8374
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #1074 on: October 25, 2017, 06:50:05 PM »
Fraid so.. I think we may have had it this time.

Till next time of course.. Will that be next week or 4 years from now?


powskier

  • Bristles
  • ***
  • Posts: 382
Re: Top is in
« Reply #1075 on: October 25, 2017, 11:14:08 PM »
Sold everything.

Please let me know when "the bottom is in" thread begins. Thanks.

Mr Mark

  • Handlebar Stache
  • *****
  • Posts: 1229
  • Location: Planet Earth
  • Achieved Financial Independence summer 2014. RE'18
Re: Top is in
« Reply #1076 on: October 25, 2017, 11:38:57 PM »
Sold everything.

Please let me know when "the bottom is in" thread begins. Thanks.

+1

TornWonder

  • 5 O'Clock Shadow
  • *
  • Posts: 58
  • Age: 40
  • Location: Pittsburgh, PA
Re: Top is in
« Reply #1077 on: October 26, 2017, 07:58:26 AM »
Sold everything.

Please let me know when "the bottom is in" thread begins. Thanks.

Looks like yesterday was the bottom.  New top is in.

OurTown

  • Handlebar Stache
  • *****
  • Posts: 1368
  • Age: 54
  • Location: Tennessee
Re: Top is in
« Reply #1078 on: October 26, 2017, 02:44:39 PM »
You should have told me before it was in.

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8374
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #1079 on: October 26, 2017, 05:16:05 PM »
Well Amazon, Alphabet and Intel announced blowout earnings after the bell.. Maybe tomorrow a new top?

Clean Shaven

  • Pencil Stache
  • ****
  • Posts: 821
  • Location: Wild Wild West
Re: Top is in
« Reply #1080 on: October 26, 2017, 09:46:04 PM »

Mr. Green

  • Magnum Stache
  • ******
  • Posts: 4485
  • Age: 40
  • Location: Wilmington, NC
Re: Top is in
« Reply #1081 on: October 27, 2017, 05:48:03 AM »
Top knot? Oops! Wrong top not.

Rufus.T.Firefly

  • Bristles
  • ***
  • Posts: 272
Re: Top is in
« Reply #1082 on: October 27, 2017, 09:15:42 AM »
via Imgflip Meme Generator

Whether 'tis nobler in the mind to suffer
The slings and arrows of outrageous market timing predicutions
Or to take arms against a sea of foolish prognostications,
And by opposing end them.
To buy high - to sell low - no more;
And by this to say we end the heartache
through simple buy and hold investing practices
ay, there's the rub!
For in that dreams of early retirement may come true

Clean Shaven

  • Pencil Stache
  • ****
  • Posts: 821
  • Location: Wild Wild West
Re: Top is in
« Reply #1083 on: October 27, 2017, 09:49:36 AM »

nereo

  • Senior Mustachian
  • ********
  • Posts: 17472
  • Location: Just south of Canada
    • Here's how you can support science today:
Re: Top is in
« Reply #1084 on: October 27, 2017, 09:55:24 AM »
Huh.  Seems the SP500 just hit a new top.

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8374
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #1085 on: October 27, 2017, 10:34:18 AM »
Well gee after I SOLD everything just yesterday too.. Ooops I guess I forgot to complete the sell order..:)

JAYSLOL

  • Handlebar Stache
  • *****
  • Posts: 2131
Re: Top is in
« Reply #1086 on: October 27, 2017, 10:40:49 AM »
Well gee after I SOLD everything just yesterday too.. Ooops I guess I forgot to complete the sell order..:)

Don't you just hate it when that happens?  Happens to me every day.  :)

Retire-Canada

  • Walrus Stache
  • *******
  • Posts: 8659
Re: Top is in
« Reply #1087 on: October 27, 2017, 10:46:40 AM »

OurTown

  • Handlebar Stache
  • *****
  • Posts: 1368
  • Age: 54
  • Location: Tennessee
Re: Top is in
« Reply #1088 on: October 27, 2017, 12:34:02 PM »
That last one is kind of disturbing for some reason.

Tyson

  • Magnum Stache
  • ******
  • Posts: 3023
  • Age: 51
  • Location: Denver, Colorado
Re: Top is in
« Reply #1089 on: October 27, 2017, 01:54:13 PM »
Fraid so.. I think we may have had it this time.

Till next time of course.. Will that be next week or 4 years from now?

2 days, in fact.

DarkandStormy

  • Handlebar Stache
  • *****
  • Posts: 1498
  • Age: 34
  • Location: Midwest, USA
Re: Top is in
« Reply #1090 on: October 27, 2017, 02:01:41 PM »

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8374
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #1091 on: October 27, 2017, 02:09:35 PM »
Do we hear a S&P500 at 2600 for next week?..

I've probably "topped it" right there..:)

TomTX

  • Walrus Stache
  • *******
  • Posts: 5345
  • Location: Texas
Re: Top is in
« Reply #1092 on: October 27, 2017, 03:56:37 PM »
Gosh, this thread keeps getting me to check VTI charts. Like, at least every week!  Madness!

I guess the good part is that I found out I gained more in the market today than my salary for the week...

Retire-Canada

  • Walrus Stache
  • *******
  • Posts: 8659
Re: Top is in
« Reply #1093 on: October 27, 2017, 04:49:05 PM »
Gosh, this thread keeps getting me to check VTI charts. Like, at least every week!  Madness!

I guess the good part is that I found out I gained more in the market today than my salary for the week...

Yup. Markets are in full crush mode.

Cycling Stache

  • Bristles
  • ***
  • Posts: 470
  • Age: 48
Re: Top is in
« Reply #1094 on: October 27, 2017, 06:08:04 PM »
Top is in

So, basically, thorstach is the stimulus package!

itchyfeet

  • Pencil Stache
  • ****
  • Posts: 985
Re: Top is in
« Reply #1095 on: October 27, 2017, 09:28:41 PM »
Top is in

So, basically, thorstach is the stimulus package!

Indeed, however, one day he/ she/ they will stop calling the top, they will go 100% equity with max leveraged margin loans..... and then......

.....then....

Well who the frig knows, the market might keep climbing.

Best just not try and time the market. Monthly salary this week will be deployed as per normal.

JAYSLOL

  • Handlebar Stache
  • *****
  • Posts: 2131
Re: Top is in
« Reply #1096 on: October 30, 2017, 10:34:12 AM »
New top for TSX, haven't been able to say that for a long while

acroy

  • Handlebar Stache
  • *****
  • Posts: 1697
  • Age: 46
  • Location: Dallas TX
    • SWAMI
Re: Top is in
« Reply #1097 on: October 31, 2017, 12:06:06 PM »
"Buffett Indicator" is calling a top
https://dailyreckoning.com/buffetts-indicator-calling-tops/

Some interesting points.
The majority of my portfolio remains 'mindless' index funds. My own 'thoughtfully-chosen' investments have outperformed S&P by a few %, not hugely.

Over a longer term it will be interesting if there is a return to mean for market cap vs. GDP and a number of the other 'stretched' valuation indicators. I think it is 'different this time' to an extent due to the global CB activity including artificially low interest rates and equity/debt purchases....

Cycling Stache

  • Bristles
  • ***
  • Posts: 470
  • Age: 48
Re: Top is in
« Reply #1098 on: October 31, 2017, 12:18:27 PM »
"Buffett Indicator" is calling a top
https://dailyreckoning.com/buffetts-indicator-calling-tops/

I'm pulling out.  I was led to believe by this thread that the market always went up, but the S&P 500 has now dropped 0.2% from it's all-time high.  Total bs, and I've had enough of it.

Please let me know when the stretch of all-new-tops will resume, and I'll get back in.

P.S.  Thorstache, you're a total jerk for not calling the high Friday so I could get out and avoid these losses!

P.S.S.  My international stocks are at an all-time high, so I'm not sure what to do about that.  Have we been calling international tops, too?  Le top?


Tyson

  • Magnum Stache
  • ******
  • Posts: 3023
  • Age: 51
  • Location: Denver, Colorado
Re: Top is in
« Reply #1099 on: October 31, 2017, 12:45:24 PM »
I think it is 'different this time'....

It's not.

 

Wow, a phone plan for fifteen bucks!