Top is in

[solon]

We're not the only ones thinking about Top issues.

https://theirrelevantinvestor.com/2019/11/21/20-signs-that-the-stock-market-is-about-to-top/

[Monocle Money Mouth]

OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Beans on top of the rice, of course. Any other way is blasphemy.

You let your rice touch your beans? You monster!!!!

https://en.wikipedia.org/wiki/Gallo_pinto

Heresy!!!! :D

[dragoncar]

OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Beans on top of the rice, of course. Any other way is blasphemy.

You let your rice touch your beans? You monster!!!!

https://en.wikipedia.org/wiki/Gallo_pinto

Heresy!!!! :D

So no tacu tacu?

[Monocle Money Mouth]

OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Beans on top of the rice, of course. Any other way is blasphemy.

You let your rice touch your beans? You monster!!!!

https://en.wikipedia.org/wiki/Gallo_pinto

Heresy!!!! :D

So no tacu tacu?

Did you have to ask? :D

Picky eater joke Top is in!

[UnleashHell]

Heresy!!!! :D

Is that like infamy?

Infamy, infamy, they've all got it infamy.

[aboatguy]

A new top today!    Wasn't the top already in?

[DadJokes]

A new top today!    Wasn't the top already in?

Looks like we're 0.04 short of a new top. So the top was already in.

[Exflyboy]

A new top today!    Wasn't the top already in?

Looks like we're 0.04 short of a new top. So the top was already in.

Not anymore... but it is now.. 3130 something?

[aboatguy]

once again the three tops are in

[aboatguy]

28066.47              8632.49        3133.64
Dow                      NASDAQ        SP500


New tops are in  …..

[Chris @ Saturday Financial]

28066.47              8632.49        3133.64
Dow                      NASDAQ        SP500


New tops are in  …..

Wait... there are multiple tops? Just when I thought I had this market thing figured out...

[Brother Esau]

Today is the TOP

S&P @ 3,113.64

Mark it on your calendars

Sell all equities and buy bonds

Thank me (and Thorstach) later

[dragoncar]

Happy top day

[Fomerly known as something]

More tops are in.

[Kalergie]

I wonder if the "bottom is in" thread will be as chipper as this one.

[wienerdog]

Today is the TOP

S&P @ 3,113.64

Mark it on your calendars

Sell all equities and buy bonds

Thank me (and Thorstach) later

Until the S&P @ 3138.39 today so the Top wasn't in.  Buy now to take advantage of the Santa Claus rally.

[Maenad]

I wonder if the "bottom is in" thread will be as chipper as this one.

The ones we've had (Feb-Mar 2018 and Oct-Dec 2018) were a little whistling-past-the-graveyard, but it was similarly irreverent and accepting of the fact that none of us have a working crystal ball.

But the Top of the Bottom-is-In was almost a year ago, the Bottom is all downhill from here. Or something.

[aboatguy]

28066.47              8632.49        3133.64
Dow                      NASDAQ        SP500


New tops are in  …..

Wait... there are multiple tops? Just when I thought I had this market thing figured out...

It gets worse three new tops....
28121.68               8647.93        3140.52
Dow                      NASDAQ        SP500


It may be down hill from here, or uphill

[Glenstache]

I must have misheard you. I thought K-Pop was in.
https://www.billboard.com/articles/news/list/8544710/best-k-pop-songs-2010s-top-100

[ScreamingHeadGuy]

Top was in on Friday so I rebalanced our accounts, and now there is a NEW top?!  Have I been lied to?

(Seriously I just wanted to do my rebalancing and account maintenance before the long weekend.)

[MrGreen]

The tippiest of the tops o' the evening to Yas!

[solon]

[dragoncar]

[techwiz]

“Take The Red Pill, And I’ll Show You How Deep The Rabbit Hole Goes.”

[Phenix]

Whenever I see the market is having a couple down days, I get excited to see what acronym thorstach will come up with next

[aboatguy]

The post Turkeyday Trump Tweet selloff has begun.....Where is Thorstach to help guide us?

[Wintergreen78]

This article by a respected market timer says the top isn’t in. https://www.marketwatch.com/story/jump-onto-this-bull-market-now-and-ride-stocks-to-new-2020-highs-2019-12-03?mod=investing

The market will (probably) go up more before it goes down a lot. Except it may go down anywhere between 4% and 8% before it goes up then goes down a lot again. But if it does go down between 4% and 8%, and then goes up, and then goes down a lot, he doesn’t say how much is up or how much is down a lot.

So, based on this breaking news, I think we can close this thread and say for sure that the top is not in yet. The market timer is well-respected and he says so.

[OurTown]

^ That was very informative, thanks.  ^

[dragoncar]

^ That was very informative, thanks.  ^

I’m in, thanks.  At least until thorstach posts again.

[OurTown]

Where is ole thorstach, anyway?  Can we put up a bat signal or something?

[markbike528CBX]

Where is ole thorstach, anyway?  Can we put up a bat signal or something?

We pray O Great @thorstach, for your continuing revelations and wisdom.

Done, that was easy.

[aspiringnomad]

The post Turkeyday Florida Man Tweet selloff has begun.....Where is Thorstach to help guide us?

Breaking News: Florida Man Tweets Top Is In

[Brother Esau]

This just happened:

https://www.investopedia.com/terms/b/blowofftop.asp

[Monocle Money Mouth]

This just happened:

https://www.investopedia.com/terms/b/blowofftop.asp

This sounds suspiciously similar to the melt up from a couple of years ago. I'm starting to think these chart guys are blowing smoke up my ass.

[Brother Esau]

This just happened:

https://www.investopedia.com/terms/b/blowofftop.asp

This sounds suspiciously similar to the melt up from a couple of years ago. I'm starting to think these chart guys are blowing smoke up my ass.

More confirmation that "Top Is In!" (just as holy thorstach predicted in April '17)

[Maenad]

This just happened:

https://www.investopedia.com/terms/b/blowofftop.asp

This sounds suspiciously similar to the melt up from a couple of years ago. I'm starting to think these chart guys are blowing smoke up my ass.

The description definitely reminds me of the weird XIV speculation that happened in January 2018. That was seriously effed up.

[Brother Esau]

Unemployment at 3.5%. Lowest since 1969. Now the TOP is in.

[dragoncar]

Last year should have been the top.  But something has changed

(https://www.bloomberg.com/amp/news/articles/2019-12-07/s-p-500-melt-up-is-so-hot-it-s-making-cheerleaders-into-skeptics)

Look at 2000, 2008, and 2018. 

FEAR IS BACK

[blue_green_sparks]

I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

[TomTX]

I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

Market timing! That's the ticket!*

*To dramatically underperforming the market indices.

[blue_green_sparks]

I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

Market timing! That's the ticket!*

*To dramatically underperforming the market indices.

*Never had that problem. I have done very, very well with individual companies that I am knowledgeable about (long term) alongside US/global index funds, sector funds and fixed income and I retired 6 years ahead of schedule. If stocks go up 15% in 2020 I will reap 12.5%. If they tank 15% I will only be down 7% and have liquidity to pounce when buying is good.

[dragoncar]

I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

Market timing! That's the ticket!*

*To dramatically underperforming the market indices.

*Never had that problem. I have done very, very well with individual companies that I am knowledgeable about (long term) alongside US/global index funds, sector funds and fixed income and I retired 6 years ahead of schedule. If stocks go up 15% in 2020 I will reap 12.5%. If they tank 15% I will only be down 7% and have liquidity to pounce when buying is good.

Exactly.  Some people just don’t understand that those with extreme skill can beat the odds.  I have personally done very well at the craps table, both with individual point numbers and broader pass/no pass sectors.  With my excess cash, I am way ahead of schedule on steak dinners.

[frugalnacho]

I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

Market timing! That's the ticket!*

*To dramatically underperforming the market indices.

*Never had that problem. I have done very, very well with individual companies that I am knowledgeable about (long term) alongside US/global index funds, sector funds and fixed income and I retired 6 years ahead of schedule. If stocks go up 15% in 2020 I will reap 12.5%. If they tank 15% I will only be down 7% and have liquidity to pounce when buying is good.

Exactly.  Some people just don’t understand that those with extreme skill can beat the odds.  I have personally done very well at the craps table, both with individual point numbers and broader pass/no pass sectors.  With my excess cash, I am way ahead of schedule on steak dinners.

I used to work with a guy that would swear up and down that he could beat the house at craps.  He was apparently a very skilled craps player.  The argument that he was mid 40's, living in his mother's basement, and washing dishes at a grocery store working alongside a teenage me wasn't enough to break the delusion that he could make money at craps.   

[Maenad]

Exactly.  Some people just don’t understand that those with extreme skill can beat the odds. 

True. The problem is that there are a lot more people who think they can beat the odds than who actually can. And when you're on the internet, there's almost no way for someone to actually prove they're being honest if they claim to beat the market. I think we all have numerous stories of liars we've encountered, whether they lied to themselves or to others.

[dandarc]

Back on topic - TOP IS IN!

Do you prefer your tops of the tank variety or spinning?

[Wintergreen78]

I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

Market timing! That's the ticket!*

*To dramatically underperforming the market indices.

*Never had that problem. I have done very, very well with individual companies that I am knowledgeable about (long term) alongside US/global index funds, sector funds and fixed income and I retired 6 years ahead of schedule. If stocks go up 15% in 2020 I will reap 12.5%. If they tank 15% I will only be down 7% and have liquidity to pounce when buying is good.

Exactly.  Some people just don’t understand that those with extreme skill can beat the odds.  I have personally done very well at the craps table, both with individual point numbers and broader pass/no pass sectors.  With my excess cash, I am way ahead of schedule on steak dinners.

Caught you! I can tell you are just making up you craps story to sound impressive on the internet.

Everyone knows winners get chicken dinners.

[Steeze]

Back on topic - TOP IS IN!

Do you prefer your tops of the tank variety or spinning?

Baseball cards for sure. I have a Ken Griffey Jr. that will be worth millions one day.

[DadJokes]

Back on topic - TOP IS IN!

Do you prefer your tops of the tank variety or spinning?

Baseball cards for sure. I have a Ken Griffey Jr. that will be worth millions one day.

I think top was in on baseball cards in 1999. I just looked up the value of my "prized" Griffey rookie card...$12.

[Travis]

Back on topic - TOP IS IN!

Do you prefer your tops of the tank variety or spinning?

Baseball cards for sure. I have a Ken Griffey Jr. that will be worth millions one day.

That's TOPPS.

[talltexan]

Back on topic - TOP IS IN!

Do you prefer your tops of the tank variety or spinning?

Baseball cards for sure. I have a Ken Griffey Jr. that will be worth millions one day.

I think top was in on baseball cards in 1999. I just looked up the value of my "prized" Griffey rookie card...$12.

I visited some friends in Houston, and the wife had given the husband a birthday gift that was basically sheet after sheet of different Ken Griffey, Jr., cards.