Top is in

[aboatguy]

Well the S&P500 is topping again today..:)

I think we might just see S&P 2900.

I guarantee we will see S&P 500 at 2900 or higher as I type it is at 2897.05 the question is when will it hit 2900.  2900 today, tomorrow, next week, next month, next decade after dropping to 1250..... 

The market always goes up... except when it doesn't !

[MrGreen]

Well the S&P500 is topping again today..:)

I think we might just see S&P 2900.

Will that be the top?

I doubt it. We'll be over within the week.

[dougules]

Important question here

Does thorstach rhyme with mu-STACHE or THATCH-roofcottages?

Asking for a friend

So, in the countryside your "friend" burninates, "stache" and "thatch" don't rhyme? Because they do in my countryside.

I always pronounce it "stock". Then I try to figure out what a Thor Stock is. Then I wonder if he typoed it, and it should really be thorstache?

No, "Thorstaaagh." At the back of the throat.

[dragoncar]

META - make equities top again

[Toad]

I consulted my stock expert, Fluffy McSnuggles.  He believes a bull trap is in play, I called bullshit on that, but he denied saying, "no bull" and then handed me a bear claw to eat.

[JAYSLOL]

I consulted my stock expert, Fluffy McSnuggles.  He believes a bull trap is in play, I called bullshit on that, but he denied saying, "no bull" and then handed me a bear claw to eat.

Mmm, I only wish I had a stock expert that hooked me up with bear claws. 

[techwiz]

I consulted my stock expert, Fluffy McSnuggles.  He believes a bull trap is in play, I called bullshit on that, but he denied saying, "no bull" and then handed me a bear claw to eat.

Mmm, I only wish I had a stock expert that hooked me up with bear claws. 

I am no stock expert but I could hook you up with bear claws.

[dragoncar]

I consulted my stock expert, Fluffy McSnuggles.  He believes a bull trap is in play, I called bullshit on that, but he denied saying, "no bull" and then handed me a bear claw to eat.

Mmm, I only wish I had a stock expert that hooked me up with bear claws. 

I am no stock expert but I could hook you up with bear claws.

[BicycleB]

Hmm, the human hand is very fast when dodging the bear claw.

Faster than any foolish buy and hold investors will be in avoiding the upcoming bear market! Thorstach has spoken - the top is in!

[DavidAnnArbor]

wow that's crazy to be feeding a bear like that.

[MrGreen]

Well the S&P500 is topping again today..:)

I think we might just see S&P 2900.

Will that be the top?

I doubt it. We'll be over within the week.

I win! :P

[appleshampooid]

Just wanted to pop in and say...

[RWD]

2900!

[OurTown]

2900!

bottles of beer on the wall?

[RWD]

2900!

bottles of beer on the wall?

Yeah. Looks like a couple have been taken down since I last checked. They've been passed around and now there's 2,898 bottles of beer on the wall.

[OurTown]

2900!

bottles of beer on the wall?

Yeah. Looks like a couple have been taken down since I last checked. They've been passed around and now there's 2,898 bottles of beer on the wall.

Well that's how the song goes after all.

[techwiz]

I am guessing this is the type of beer on the wall.



... Big top is in

[slow hand slow plan]

if anyone is still keeping track since Thorstache's initial prediction on 04/11/2017:

• S&P 500   up 23% (not including dividends)
  
  VTSMX (total stock market) is up 24% (not including dividends)

[nereo]

I'm sorry, I stopped paying attention to this thread and I'm too lazy to read through the last 30 pages...

... is the top in yet?

[aboatguy]

2903 top was in!  Waiting for the new top

[aspiringnomad]

wow that's crazy to be feeding a bear like that.

According to thorstach we're all crazy to be feeding this bull.

[dragoncar]

wow that's crazy to be feeding a bear like that.

According to thorstach we're all crazy to be feeding this bull.

[MrGreen]

if anyone is still keeping track since Thorstache's initial prediction on 04/11/2017:

• S&P 500   up 23% (not including dividends)
  
  VTSMX (total stock market) is up 24% (not including dividends)

So we could have a dip into bear market territory nad you'd still have more money than if you'd have gone to cash on Thorstache's prediction. Ouch.

[Exflyboy]

Look at that market go!.. Almost 2913 on the S&P500 as of this post..:)

[solon]

The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

[Retire-Canada]

The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

No problem. I'll PM you my paypal address. Just send it to me. I can take the stress for both of us. ;)

[Exflyboy]

I rebalanced my portfolio back to my desired 80:20 a few days ago.. If exuberance gets to about 13 I might rebalance to 70:30 in preparation for the big drop.. then go to 90:10..:)

Market timing, who me?

[sol]

I rebalanced my portfolio back to my desired 80:20 a few days ago.. If exuberance gets to about 13 I might rebalance to 70:30 in preparation for the big drop.. then go to 90:10..:)

Market timing, who me?

I love how this problem is self correcting.  Anybody who followed this advice back in 2013 missed out on doubling their money.  It's like the market basically rewards everyone who can ride it out, and penalizes the people who freak out and bail to a more conservative allocation. 

How rich do you want to be?  When you finally decide that you're rich enough, that's the time to flee the market.  For everyone else, consider staying the course.

[dragoncar]

The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

When the market is at 10, where do you go from there?  This market goes to 11.  It’s one toppier.

[Davids]

Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

[boarder42]

Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

Oct 2020

[DS]

Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

Never. Unfortunately, top is in.

[dragoncar]

Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

Oct 2020

Oct 3000

[Laserjet3051]

The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

yes, but it is critical to distinguish whether this exuberance is rational or irrational. I can't tell the difference but with the small business confidence index at all time highs, there may be fundamental support for this market enthusiasm.

[Exflyboy]

I rebalanced my portfolio back to my desired 80:20 a few days ago.. If exuberance gets to about 13 I might rebalance to 70:30 in preparation for the big drop.. then go to 90:10..:)

Market timing, who me?

I love how this problem is self correcting.  Anybody who followed this advice back in 2013 missed out on doubling their money.  It's like the market basically rewards everyone who can ride it out, and penalizes the people who freak out and bail to a more conservative allocation. 

How rich do you want to be?  When you finally decide that you're rich enough, that's the time to flee the market.  For everyone else, consider staying the course.

Well I am certainly rich enough but inflation is a creeping cancer so I would never flee the market completely.. A 50:50 allocation would be perfectly adequate though..

Now if I had $10M then I would fly business class everywhere.. seems like a worthy goal..:)

[frugledoc]

Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

Dude that’s not how you play this game. Top us in.

3000 there will be not

[BicycleB]

Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

After Thanksgiving and before Christmas. However, that will be the last top.

[aspiringnomad]

Time to start prediction for when S&P hits 3000 for first time. I'll go with October 10 2018.

Dude that’s not how you play this game. Top us in.

3000 there will be not

Wait, are you saying that the original post was a typo and thorstach meant to say "Top us in"? What does it mean? Buy, sell, hold? Load up on cryptokitties? Someone please interpret the mistyped words of the great thorstach for me!

[aboatguy]

2914 tippety toppety toppityest top is not in yet!

[2Birds1Stone]

Is this the bottom of the top?

[gerardc]

The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

what is that exuberance measure called?

[maizefolk]

Is this the bottom of the top?

It is not the bottom. It is not even the bottom of the top. But it is, perhaps, the top of the bottom.

[gerardc]

The exuberance is up to 11. I'm getting nervous. Not sure I like making all this money.

what is that exuberance measure called?

oh, perhaps that was sarcasm like the rest of this thread? can't find anything XD

[TempusFugit]

Im beginning to suspect that none of you people know what youre talking about. 

Clearly top was in quite some time ago and now we are all just trappd in some sort of simulation.   

[ILikeDividends]

what is that exuberance measure called?

The verbose definition is the endogenous opioid neuropeptides and peptide hormones; most commonly referred to as endorphins.  The exuberance measure is the ratio of endorphins to blood volume.  Endorphins are secreted by the central nervous system and by the pituitary gland.  The pituitary gland is, not surprisingly, located near the topmost part of your body.

That's just a really long way of saying that the top, as measured by exuberance, exists mostly just in your head.

[JAYSLOL]

Im beginning to suspect that none of you people know what youre talking about. 

Clearly top was in quite some time ago and now we are all just trappd in some sort of simulation.

Top relief

[dragoncar]

Im beginning to suspect that none of you people know what youre talking about. 

Clearly top was in quite some time ago and now we are all just trappd in some sort of simulation.

What’s above us?  Reality?  Or another simulation, making us a simulation within a simulation?  How many levels are above us?  10?  A thousand?

Or are we at the TOP?

[techwiz]

Clearly top was in quite some time ago and now we are all just trappd in some sort of simulation.

[Cache_Stash]

I'm now up $240K since the top was in. SMH

[Retire-Canada]