Top is in

[EscapeVelocity2020]

[bWith that said, if the market plunges, I'm not going to jump back in][/b]


It is your stache to do with as you see fit....but I don't get this part.  If you're not going to jump back in after the market plunges....when will you?

Best of luck on the new gig!!

Like I said in the first post, I got back in too soon after the October 2008 plunge.  At the time, I only went 40% back in with my initial move but it got painful toward March 2009 when the real bargains were to be had and I only had a few hundred k instead of my full million.  Also, 600k is not 40% of my net worth this time around, so I have no problem keeping this on the sideline as dry powder.  Maybe I miss out on a 10% gain (60k), I'll still have that in extra savings from the extra work coming up.  Just looking at this move as another form of diversification. 

Plus, I'm not greedy, this account has done much better than expected.  I learned my lesson during the 1990's to put some outsized gains aside.  I had meant to sell some tech stocks and buy those 6% 30 yr bonds while I went back to school to start my Wall St. career (since I was such a genius at investing in tech stocks at the time).  All worked out fine although I lost a ton in the March 2000 tech collapse (CSCO, especially).  If only I'd held my AMZN tho!  Took those gains way too early, so I also get where you younger folks are coming from.

[marty998]

I liquidated everything and bought rubles.

вершина рынка здесь

in Soviet Russia, rubles buy you

In Soviet Russia, In is the Top

Yoda is Russian?

[JAYSLOL]

I liquidated everything and bought rubles.

вершина рынка здесь

in Soviet Russia, rubles buy you

In Soviet Russia, In is the Top

Yoda is Russian?

In Soviet Russia, Russians are Yoda

[JAYSLOL]

I liquidated everything and bought rubles.

вершина рынка здесь

in Soviet Russia, rubles buy you

In Soviet Russia, In is the Top

Yoda is Russian?

In Soviet Russia, Russians are Yoda

Or should I say

In Soviet Yoda, sentence is normal. 

[DS]

I liquidated everything and bought rubles.

вершина рынка здесь

in Soviet Russia, rubles buy you

In Soviet Russia, In is the Top

Yoda is Russian?

In Soviet Russia, Russians are Yoda

Or should I say

In Soviet Yoda, sentence is normal.

May the Top be in you. ;)

[dragoncar]

I liquidated everything and bought rubles.

вершина рынка здесь

in Soviet Russia, rubles buy you

In Soviet Russia, In is the Top

Yoda is Russian?

In Soviet Russia, Russians are Yoda

Or should I say

In Soviet Yoda, sentence is normal.

May the Top be in you. ;)

Gross

[ILikeDividends]

https://banyanhill.com/exclusives/70-stock-market-crash-to-strike-august-1-economist-warns/?z=974344

70% crash in 6 days!!

August first came and went with hardly a wiggle.  Ho hum.

"Indeed, Bauman uses a lamb analogy to prove his points."

Oh my.  With the undeniable lamb analogy, how could he have been proven so decisively wrong?

Ah, I see now.  The link still has "august-1" in the URL, but the article has been edited to push his predicted slaughter fest out to September first.  Who cares about ethics when you can just hide the evidence of your past mistakes? Hahahaha.

I wonder if he has 12 different editions of his video, too; one for each month.  Eventually, he will be right.  And it will be that prediction that he shouts from the mountain tops as proof of his, ahem, "brilliance," to lure unsuspecting subscribers.

What a slimy scamming putz!

[JAYSLOL]

https://banyanhill.com/exclusives/70-stock-market-crash-to-strike-august-1-economist-warns/?z=974344

70% crash in 6 days!!

August first came and went with hardly a wiggle.  Ho hum.

"Indeed, Bauman uses a lamb analogy to prove his points."

Oh my.  With the undeniable lamb analogy, how could he have been proven so decisively wrong?

Ah, I see now.  The link still has "august-1" in the URL, but the article has been edited to push his predicted slaughter fest out to September first.  Who cares about ethics when you can just hide the evidence of your past mistakes? Hahahaha.

I wonder if he has 12 different editions of his video, too; one for each month.  Eventually, he will be right.  And it will be that prediction that he shouts from the mountain tops as proof of his, ahem, "brilliance," to lure unsuspecting subscribers.

What a slimy scamming putz!

This reminds me of a Parks And Recreation episode where the leader of a doomsday cult wanted to book the park for some end of the world ceremony for his followers on the day he's been telling everyone the world will end, they say sorry the park is booked that evening and the cult leader is like "oh, did I say this day? I meant one week from that day".
LOL

[slow hand slow plan]

Intraday Top Is IN.......... It could be the real top of tops at closing  .....

[techwiz]

Intraday Top Is IN.......... It could be the real top of tops at closing  .....

Should we roll the dice?

[Cache_Stash]

Since this thread has become a meme-fest, I thought some of you might enjoy this subreddit: https://www.reddit.com/r/wallstreetbets

Some funny shit in there.  But, it is a complete WS gamblers thread.

[dragoncar]

Intraday Top Is IN.......... It could be the real top of tops at closing  .....

Should we roll the dice?

Depends what is on the other faces

[sol]

Depends what is on the other faces

Option, short, and panic.

[dragoncar]

Depends what is on the other faces

Option, short, and panic.

I like those odds!

[shinn497]

Just remember if you want to feel on top of the world. That is exactly where you are, since the world is a sphere.

It is also where the stock market is right now.

And the world is an oblate spheroid.

[JAYSLOL]

Just remember if you want to feel on top of the world. That is exactly where you are, since the world is a sphere.

It is also where the stock market is right now.

And the world is an oblate spheroid.

So, what you are saying is the world is round, and markets are at the top, like the surface of the earth and if markets go flat, the earth will be flat. 

[ILikeDividends]

Just remember if you want to feel on top of the world. That is exactly where you are, since the world is a sphere.

It is also where the stock market is right now.

And the world is an oblate spheroid.

So, what you are saying is the world is round, and markets are at the top, like the surface of the earth and if markets go flat, the earth will be flat.

The earth isn't already flat? 

Terrestrial top is in!

[OurTown]

The flat earth society has members around the globe!  Top is in.

[UnleashHell]

The flat earth society has members around the globe!  Top is in.

The only thing flat earthers have to fear...


is sphere itself...

[slow hand slow plan]

It seems flat up here to me.

[BTDretire]

A new top is in!
VTI just hit $147.02 going above the previous Jan 28, high of $146.86.
 It's about time!

[dragoncar]

A new top is in!
VTI just hit $147.02 going above the previous Jan 28, high of $146.86.
 It's about time!

No way!

[dragoncar]

Is anyone else running the data and seeing a TRIPLE GOAT MOAT on the horizon?  Fibonacci are dropping, and Mercury (retrograde) in Leo.

[Bicycle_B]

The flat earth society has members around the globe!  Top is in.

The only thing flat earthers have to fear...


is sphere itself...

Prior to reading this, my ego thought I was funny.  It has been flattened.

[Raymond Reddington]

The flat earth society has members around the globe!  Top is in.

The only thing flat earthers have to fear...


is sphere itself...

Prior to reading this, my ego thought I was funny.  It has been flattened.

like the flat earth?

which begs the question. if the earth is truly round as some hypothesize, would not a falling sky actually be...contracting?

[MrStash]

New top is about to set... As soon as it does, I'll be checking in here and be sure to bring popcorn!!

[Clean Shaven]

Is anyone else running the data and seeing a TRIPLE GOAT MOAT on the horizon? 

Did you say... triple double GOAT?

[OurTown]

I look exactly like that guy.  Except I'm a middle aged white guy with no muscles and no tattoos.

[ILikeDividends]

I look exactly like that guy.  Except I'm a middle aged white guy with no muscles and no tattoos.

I'm exactly like you and him too; except I'm pretty well past middle age, and I'm not entirely sure what a basketball is used for.

[dbm]

Even though this conversation is no longer about the fact the top is or isn't in, which sounds so wrong, I'm saying the top is about to be in.

Only due to the fact I sold an investment property and over the next week will be buying a few big whacks of ETF's, and LIC's...  Once these are done, knowing my luck the top is in and down we go...

[aboatguy]

The new top is almost in...?

[Brother Esau]

...  Once these are done, knowing my luck the top is in and down we go...

Thanks for ruining the party

[Financial.Velociraptor]

Even though this conversation is no longer about the fact the top is or isn't in, which sounds so wrong, I'm saying the top is about to be in.

Only due to the fact I sold an investment property and over the next week will be buying a few big whacks of ETF's, and LIC's...  Once these are done, knowing my luck the top is in and down we go...

Infamous "dbm indicator" flashing red!

[dragoncar]

Even though this conversation is no longer about the fact the top is or isn't in, which sounds so wrong, I'm saying the top is about to be in.

Only due to the fact I sold an investment property and over the next week will be buying a few big whacks of ETF's, and LIC's...  Once these are done, knowing my luck the top is in and down we go...

Infamous "dbm indicator" flashing red!

Dbm indicator has been obsolete for years.  Most traders use at least modified DBM or the more controversial DBM II

[dougules]

I'm ready for the next GOAT to swim through.  The stock is too damn high.

[Tyson]

Even though this conversation is no longer about the fact the top is or isn't in, which sounds so wrong, I'm saying the top is about to be in.

Only due to the fact I sold an investment property and over the next week will be buying a few big whacks of ETF's, and LIC's...  Once these are done, knowing my luck the top is in and down we go...

Infamous "dbm indicator" flashing red!

Dbm indicator has been obsolete for years.  Most traders use at least modified DBM or the more controversial DBM II

To be serious for a moment, I'd like to point out that this perfectly captures the 2 ideas that drive the idea that the market can be beat.  First, the idea that there are "insider" bits of knowledge that give you a leg up.  The second is that other people (the insiders) know what it is and are using to make a KILLING!!

I'd like to point out that neither of these ideas are actually true.

[markbike528CBX]

The TOP must be in, or the 1st post-FIRE withdrawal I made on Tuesday has no meaning.

[JAYSLOL]

I'm ready for the next GOAT to swim through.  The stock is too damn high.

Here we GOAT

[OurTown]

"I think we'll see a big move before Labor Day, but I'm uncertain which direction it will come."

N.B. That's a real quote in the mainstream financial news.

[dragoncar]

Even though this conversation is no longer about the fact the top is or isn't in, which sounds so wrong, I'm saying the top is about to be in.

Only due to the fact I sold an investment property and over the next week will be buying a few big whacks of ETF's, and LIC's...  Once these are done, knowing my luck the top is in and down we go...

Infamous "dbm indicator" flashing red!

Dbm indicator has been obsolete for years.  Most traders use at least modified DBM or the more controversial DBM II

To be serious for a moment, I'd like to point out that this perfectly captures the 2 ideas that drive the idea that the market can be beat.  First, the idea that there are "insider" bits of knowledge that give you a leg up.  The second is that other people (the insiders) know what it is and are using to make a KILLING!!

I'd like to point out that neither of these ideas are actually true.

Well you only say that because you don't subscribe to to DBM's daily newsletter.  50% of the time, it works every time.

[JLee]

Even though this conversation is no longer about the fact the top is or isn't in, which sounds so wrong, I'm saying the top is about to be in.

Only due to the fact I sold an investment property and over the next week will be buying a few big whacks of ETF's, and LIC's...  Once these are done, knowing my luck the top is in and down we go...

Can confirm, I too should be closing on a property sale next week.

[Wintergreen78]

Even though this conversation is no longer about the fact the top is or isn't in, which sounds so wrong, I'm saying the top is about to be in.

Only due to the fact I sold an investment property and over the next week will be buying a few big whacks of ETF's, and LIC's...  Once these are done, knowing my luck the top is in and down we go...

Can confirm, I too should be closing on a property sale next week.

Fortunately for you, the property top is definitely in. If you sit on your cash from the property sale until the next 10% correction, you’ll make a killing!

[slow hand slow plan]

The property top bubble index disagrees ... the Top is not in for that yet.

[UnleashHell]

The property top bubble index disagrees ... the Top is not in for that yet.

the top

is always in.

[FIRE@50]

I'm colorblind and have no idea what that chart means. Can you just tell me what I'm supposed to do? Thanks

[wirednuke83]

On a random note, the drop in the market today from all the Turkish happenings kind of proves that investing in US equities still gets you a good bit of international exposure.

[ILikeDividends]

I'm colorblind and have no idea what that chart means. Can you just tell me what I'm supposed to do? Thanks

Sell everything you own.  Buy a horse, a shotgun, an axe, a pack mule loaded with all the supplies it can carry, and head for the hills.

In your neck of the woods, I would recommend Shenandoah.  Any place good enough for General Philip Sheridan is A-OK in my book.  If you're headed for California, you might want to wait until the fires die down a little bit.  The fires my good friend Sheridan set in Shenandoah have been doused for more than 150 years.

I currently live in a desert.  It has its drawbacks, but one big advantage is that there isn't a lot of stuff that can catch fire around these parts.  It's an option if you feel a compelling need to relocate to the west coast urgently; though, I would recommend avoiding I-10 if you can.  You might find it difficult to water your animals along certain westward stretches of that route.  At least, that's what I found, anyway.

[Wintergreen78]

I'm colorblind and have no idea what that chart means. Can you just tell me what I'm supposed to do? Thanks

Sell everything you own.  Buy a horse, a shotgun, an axe, a pack mule loaded with all the supplies it can carry, and head for the hills.

In your neck of the woods, I would recommend Shenandoah.  Any place good enough for General Philip Sheridan is A-OK in my book.  If you're headed for California, you might want to wait until the fires die down a little bit.  The fires my good friend Sheridan set in Shenandoah have been doused for more than 150 years.

I currently live in a desert.  It has its drawbacks, but one big advantage is that there isn't a lot of stuff that can catch fire around these parts.  It's an option if you feel a compelling need to relocate to the west coast urgently; though, I would recommend avoiding I-10 if you can.  You might find it difficult to water your animals along certain westward stretches of that route.  At least, that's what I found, anyway.

Be sure to get across the Sierra before the first snow. If you get snowed in for the winter, things can turn grim...

[dragoncar]

I'm colorblind and have no idea what that chart means. Can you just tell me what I'm supposed to do? Thanks

Sell everything you own.  Buy a horse, a shotgun, an axe, a pack mule loaded with all the supplies it can carry, and head for the hills.

In your neck of the woods, I would recommend Shenandoah.  Any place good enough for General Philip Sheridan is A-OK in my book.  If you're headed for California, you might want to wait until the fires die down a little bit.  The fires my good friend Sheridan set in Shenandoah have been doused for more than 150 years.

I currently live in a desert.  It has its drawbacks, but one big advantage is that there isn't a lot of stuff that can catch fire around these parts.  It's an option if you feel a compelling need to relocate to the west coast urgently; though, I would recommend avoiding I-10 if you can.  You might find it difficult to water your animals along certain westward stretches of that route.  At least, that's what I found, anyway.

Be sure to get across the Sierra before the first snow. If you get snowed in for the winter, things can turn grim...

Don’t worry, I have 8 oxen and like 20 wagon toungues. Haven’t died of dysentery yet

[ILikeDividends]

I'm colorblind and have no idea what that chart means. Can you just tell me what I'm supposed to do? Thanks

Sell everything you own.  Buy a horse, a shotgun, an axe, a pack mule loaded with all the supplies it can carry, and head for the hills.

In your neck of the woods, I would recommend Shenandoah.  Any place good enough for General Philip Sheridan is A-OK in my book.  If you're headed for California, you might want to wait until the fires die down a little bit.  The fires my good friend Sheridan set in Shenandoah have been doused for more than 150 years.

I currently live in a desert.  It has its drawbacks, but one big advantage is that there isn't a lot of stuff that can catch fire around these parts.  It's an option if you feel a compelling need to relocate to the west coast urgently; though, I would recommend avoiding I-10 if you can.  You might find it difficult to water your animals along certain westward stretches of that route.  At least, that's what I found, anyway.

Be sure to get across the Sierra before the first snow. If you get snowed in for the winter, things can turn grim...

Don’t worry, I have 8 oxen and like 20 wagon toungues. Haven’t died of dysentery yet

Few people who have starved to death have also had the opportunity to die of dysentery. 

But you just don't eat perfectly good oxen all at one time.

Ox-tail soup anyone?  ;)