Top is in

[boarder42]

I think this might be it!

I hope so. Would be about perfect timing for me and my projected fire dates to buy cheaper over the next few years before we 🔥

[TomTX]

I think this might be it!

I hope so. Would be about perfect timing for me and my projected fire dates to buy cheaper over the next few years before we 🔥

Yeah, it would actually be pretty great for me if we had a crash.

[JAYSLOL]

I think this might be it!

I hope so. Would be about perfect timing for me and my projected fire dates to buy cheaper over the next few years before we 🔥

Yeah, it would actually be pretty great for me if we had a crash.

I'm not too excited or worried either way, my only concern is that Trump wouldn't handle a market crash well and could pull some stunts that do lasting damage

[talltexan]

I would worry; Trump will focus on other things besides the SP once it starts going down.

[Maenad]

The S&P is down 1.25% from Nov 7, where's thorstach? Give us some love, man!

[JAYSLOL]

The S&P is down 1.25% from Nov 7, where's thorstach? Give us some love, man!

Shhh!  Don't wake him, I've got $8k I need to drop into the market soon and don't want him to call a top and jinx my discount that's materializing at the moment

[DS]

Missed the top, it's never coming back. Can't believe it. Luckily still have a chance to sell all before it drops to 0.

[Exflyboy]

Missed the top, it's never coming back. Can't believe it. Luckily still have a chance to sell all before it drops to 0.

I remember visiting my Parents back in the UK in about 2010 or so and the Dow had a shock drop of about 500 points. My Dad said.. "why don't you pull all your money out now before you have nothing left?"

Needless to say that didn't happen..:)

[DS]

I remember visiting my Parents back in the UK in about 2010 or so and the Dow had a shock drop of about 500 points. My Dad said.. "why don't you pull all your money out now before you have nothing left?"

Needless to say that didn't happen..:)

Luckily you are getting another chance now before you REALLY lose it!!!!

[Exflyboy]

I remember visiting my Parents back in the UK in about 2010 or so and the Dow had a shock drop of about 500 points. My Dad said.. "why don't you pull all your money out now before you have nothing left?"

Needless to say that didn't happen..:)

Luckily you are getting another chance now before you REALLY lose it!!!!

I know right?..:)

[marielle]

Just bought $2500 of VTSMX shares. Can't invest anymore this year in tax sheltered accounts (no 401k)!

Oops, wrong thread.

[talltexan]

It's feeling like nothing I do can make money for the last four days. Kind of like an inverse 1990's.

[DavidAnnArbor]

It's feeling like nothing I do can make money for the last four days. Kind of like an inverse 1990's.

Do you mean as investing in the market ?

[aboatguy]

The S&P is down 1.25% from Nov 7, where's thorstach? Give us some love, man!

Shhh!  Don't wake him, I've got $8k I need to drop into the market soon and don't want him to call a top and jinx my discount that's materializing at the moment

I hope your right and it drops at least until friday, which payday so can pour more in to the market.

[retireatbirth]

Crash. It's happening.

[nereo]

Crash. It's happening.

Thanks for the tip!!!!!

[boarder42]

The S&P is down 1.25% from Nov 7, where's thorstach? Give us some love, man!

Shhh!  Don't wake him, I've got $8k I need to drop into the market soon and don't want him to call a top and jinx my discount that's materializing at the moment

I hope your right and it drops at least until friday, which payday so can pour more in to the market.

so are you

Ab-oat-guy
or
A-boat-guy

[dougules]

The S&P is down 1.25% from Nov 7, where's thorstach? Give us some love, man!

Shhh!  Don't wake him, I've got $8k I need to drop into the market soon and don't want him to call a top and jinx my discount that's materializing at the moment

I hope your right and it drops at least until friday, which payday so can pour more in to the market.

so are you

Ab-oat-guy
or
A-boat-guy

Or maybe Canadian - Aboat-guy

[techwiz]

Nasdaq posts all-time high.

https://www.cnbc.com/2017/11/16/us-stocks-walmart-tax-reform.html

[Retire-Canada]

Top is in!

[Exflyboy]

If the Senate votes against the tax overhaul (with the individual mandate repeal I sure hope they do) then the top may very well be in.

If I keep saying the top is in I know I'm likely to be wrong and it will keep going up..:)

[Greenback Reproduction Specialist]

Or maybe Canadian - Aboat-guy

Lol that one gets my vote : )

I remember back when my son was in kindergarten, one of his vocabulary words was "about" and I kept trying to get him to pronounce it "aboot" in class lol... He wouldn't do it : /

[frugledoc]

Crashing up. Reverse bottom is in.

[techwiz]

Or maybe Canadian - Aboat-guy

Lol that one gets my vote : )

I remember back when my son was in kindergarten, one of his vocabulary words was "about" and I kept trying to get him to pronounce it "aboot" in class lol... He wouldn't do it : /

Nobody says “Aboot”

http://dialectblog.com/2011/03/20/canadian-raising-nobody-says-aboot/

[boarder42]

The S&P is down 1.25% from Nov 7, where's thorstach? Give us some love, man!

Shhh!  Don't wake him, I've got $8k I need to drop into the market soon and don't want him to call a top and jinx my discount that's materializing at the moment

I hope your right and it drops at least until friday, which payday so can pour more in to the market.

so are you

Ab-oat-guy
or
A-boat-guy

Or maybe Canadian - Aboat-guy

i had that typed in and back spaced it out haha.

BTW we're almost at a quintesential top we've only seen one of these in the last 120 years.  last time it happened... well you all know what happened then i shouldnt have to explain it. so y'all know what to do.

[DS]

i had that typed in and back spaced it out haha.

BTW we're almost at a quintesential top we've only seen one of these in the last 120 years.  last time it happened... well you all know what happened then i shouldnt have to explain it. so y'all know what to do.

Way ahead of you... *Grabs mayo jar and shovel*

[frugalnacho]

Or maybe Canadian - Aboat-guy

Lol that one gets my vote : )

I remember back when my son was in kindergarten, one of his vocabulary words was "about" and I kept trying to get him to pronounce it "aboot" in class lol... He wouldn't do it : /

Nobody says “Aboot”

http://dialectblog.com/2011/03/20/canadian-raising-nobody-says-aboot/

I have known plenty of canadians that say aboot.  They also say "eh" a lot.  They never realize they do it, and other canadians don't realize it either.

What's this aboot, eh?
You just said "aboot" and "eh".
No I didn't, eh.
Yes you did, and you just did it again!

[dougules]

The S&P is down 1.25% from Nov 7, where's thorstach? Give us some love, man!

Shhh!  Don't wake him, I've got $8k I need to drop into the market soon and don't want him to call a top and jinx my discount that's materializing at the moment

I hope your right and it drops at least until friday, which payday so can pour more in to the market.

so are you

Ab-oat-guy
or
A-boat-guy

Or maybe Canadian - Aboat-guy

i had that typed in and back spaced it out haha.

BTW we're almost at a quintesential top we've only seen one of these in the last 120 years.  last time it happened... well you all know what happened then i shouldnt have to explain it. so y'all know what to do.

Yes we do.  That would be to do exactly what we've been doing.  Markets can stay irrational longer than you can stay solvent. 

[JAYSLOL]

Damn it, thorstach must have called a top on another thread or whispered it under his breath or something, so much for my discount

[aboatguy]

The S&P is down 1.25% from Nov 7, where's thorstach? Give us some love, man!

Shhh!  Don't wake him, I've got $8k I need to drop into the market soon and don't want him to call a top and jinx my discount that's materializing at the moment

I hope your right and it drops at least until friday, which payday so can pour more in to the market.

so are you

Ab-oat-guy
or
A-boat-guy

I'm a Boatguy... specifically an old dirty boatguy aka DBG


anyway market is up so I won't be getting bargain pricing tonight when my paycheck hits my TSP. 

[GuitarStv]

Or maybe Canadian - Aboat-guy

Lol that one gets my vote : )

I remember back when my son was in kindergarten, one of his vocabulary words was "about" and I kept trying to get him to pronounce it "aboot" in class lol... He wouldn't do it : /

Nobody says “Aboot”

http://dialectblog.com/2011/03/20/canadian-raising-nobody-says-aboot/

I have known plenty of canadians that say aboot.  They also say "eh" a lot.  They never realize they do it, and other canadians don't realize it either.

What's this aboot, eh?
You just said "aboot" and "eh".
No I didn't, eh.
Yes you did, and you just did it again!

Sorry but you Americans say it weird, eh?  Ah-bahwt rather than about.

[frugalnacho]

Or maybe Canadian - Aboat-guy

Lol that one gets my vote : )

I remember back when my son was in kindergarten, one of his vocabulary words was "about" and I kept trying to get him to pronounce it "aboot" in class lol... He wouldn't do it : /

Nobody says “Aboot”

http://dialectblog.com/2011/03/20/canadian-raising-nobody-says-aboot/

I have known plenty of canadians that say aboot.  They also say "eh" a lot.  They never realize they do it, and other canadians don't realize it either.

What's this aboot, eh?
You just said "aboot" and "eh".
No I didn't, eh.
Yes you did, and you just did it again!

Sorry but you Americans say it weird, eh?  Ah-bahwt rather than about.

I say it like uh bout.  Like a bout of off topic posts about grammar.

[dragoncar]

Can't believe I missed all 24 pages of this epic thread.  Major FOMO.  Now that I’m finally here, for sure, the top is in

[Mr Mark]

Or maybe Canadian - Aboat-guy

Lol that one gets my vote : )

I remember back when my son was in kindergarten, one of his vocabulary words was "about" and I kept trying to get him to pronounce it "aboot" in class lol... He wouldn't do it : /

Nobody says “Aboot”

http://dialectblog.com/2011/03/20/canadian-raising-nobody-says-aboot/

I have known plenty of canadians that say aboot.  They also say "eh" a lot.  They never realize they do it, and other canadians don't realize it either.

What's this aboot, eh?
You just said "aboot" and "eh".
No I didn't, eh.
Yes you did, and you just did it again!

Followed by "oh sorry eh"

Q:
"How do you get 20 drunk Canadian frat boys to get out of the swimming pool?"

A:
"Hey guys can you please get out of the pool?"

[talltexan]

For all you Canadians, wasn't your top a while ago, before the oil bust?

[nereo]

For all you Canadians, wasn't your top a while ago, before the oil bust?

Nope.  Most of the time the TSX is pretty tightly correlated with the SP500.  NOt always, but very often
It's pretty much the top here, too, with an all-time high about a week ago.  For now.  Top is in?

[Tyson]

Alas, poor thorstach! I knew him, Horatio: a fellow of infinite jest, of most excellent fancy....

Where be your gibes now? your gambols? your songs? your top predictions, your flashes of merriment, that were wont to set the table on a roar? Not one now, to mock your own grinning? quite chap-fallen?

[dougules]

For all you Canadians, wasn't your top a while ago, before the oil bust?

Nope.  Most of the time the TSX is pretty tightly correlated with the SP500.  NOt always, but very often
It's pretty much the top here, too, with an all-time high about a week ago.  For now.  Top is in?

Is that when it's denominated in CAD or USD?  Or in other words, does the TSX skyrocket in Canadian dollars when the USD goes way up?

[solon]

Alas, poor thorstach! I knew him, Horatio: a fellow of infinite jest, of most excellent fancy....

Where be your gibes now? your gambols? your songs? your top predictions, your flashes of merriment, that were wont to set the table on a roar? Not one now, to mock your own grinning? quite chap-fallen?

+1 for Hamlet

[DavidAnnArbor]

Blame Canada !  from South Park

https://www.youtube.com/watch?v=0ybI9ZnE1Hc

[TomTX]

Or maybe Canadian - Aboat-guy

Lol that one gets my vote : )

I remember back when my son was in kindergarten, one of his vocabulary words was "about" and I kept trying to get him to pronounce it "aboot" in class lol... He wouldn't do it : /

Nobody says “Aboot”

http://dialectblog.com/2011/03/20/canadian-raising-nobody-says-aboot/

They certainly did in Newfoundland in the 1980s. Haven't been back to see if it still sounds that way.

[DavidAnnArbor]

David Swensen believes market valuations are high, consequently Yale has 32% of its endowment in cash/fixed income 1 year long treasuries. This 32% is up from 15% in 2008/2009 where liquidity was used to buy equities.

Top is in.

https://www.cfr.org/event/conversation-david-swensen

[sol]

David Swensen believes market valuations are high, consequently Yale has 32% of its endowment in cash/fixed income 1 year long treasuries. This 32% is up from 15% in 2008/2009 where liquidity was used to buy equities.

Top is in.

https://www.cfr.org/event/conversation-david-swensen

The top is in whenever the market participants decide it's in.  The index price is set by buyers and sellers, right?

So this looks like a Carl Icahn-style power play, an attempt to move the market for personal profit.  Dave Swenson has no idea how high the market can go, but he's betting that it will go down and then he's telling everyone who will listen that it will go down, in an attempt to MAKE it go down.  All he has to do is convince enough people that he is right, and he becomes right.  It's classic market manipulation, the opposite of the old pump-and-dump con.  "Trash and cash", maybe?

Screw that guy.  And Carl Icahn, too, while we're at it.

[JAYSLOL]

It's classic market manipulation, the opposite of the old pump-and-dump con.  "Trash and cash", maybe?

Screw that guy.  And Carl Icahn, too, while we're at it.

Don't forget thorstach, he hasn't hinted at what he has done with his own money, so i am forced to assume he also already sold out of the market and is spreading the fear in hopes that the market drops, unless we hear otherwise from him of course

[frugalnacho]

David Swensen believes market valuations are high, consequently Yale has 32% of its endowment in cash/fixed income 1 year long treasuries. This 32% is up from 15% in 2008/2009 where liquidity was used to buy equities.

Top is in.

https://www.cfr.org/event/conversation-david-swensen

The top is in whenever the market participants decide it's in.  The index price is set by buyers and sellers, right?

So this looks like a Carl Icahn-style power play, an attempt to move the market for personal profit.  Dave Swenson has no idea how high the market can go, but he's betting that it will go down and then he's telling everyone who will listen that it will go down, in an attempt to MAKE it go down.  All he has to do is convince enough people that he is right, and he becomes right.  It's classic market manipulation, the opposite of the old pump-and-dump con.  "Trash and cash", maybe?

Screw that guy.  And Carl Icahn, too, while we're at it.

Only 32% is in cash.  What's the other 68% in, equities?  Sounds like he's trying to convince people the top is in, but maybe he only believes that 32%.

[dragoncar]

If the top was in, can we call the bottom yet? Could this be it?

[rab-bit]

Market is ‘clearly near to a top,’ says longtime bull Jeremy Siegel - https://www.cnbc.com/2017/11/20/longtime-bull-jeremy-siegel-says-market-near-to-a-top.html

[dragoncar]

Market is ‘clearly near to a top,’ says longtime bull Jeremy Siegel - https://www.cnbc.com/2017/11/20/longtime-bull-jeremy-siegel-says-market-near-to-a-top.html

Top ajacent

[TreeTired]

I will let you know when I dive in 100% equities. That will be a sure sign of a market top.  At the moment I have been scaling back to 25 - 30% equities, but I am 64 years old and a 50% drop in equities would hurt me far more than a 50% rise will help.

[talltexan]

I'm two decades younger than you, TreeTired. Everyone can use my bond sale this month as an indicator so you don't have to pump up your risk.