Author Topic: Top is in  (Read 3134486 times)

pecunia

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Re: Top is in
« Reply #5450 on: December 26, 2019, 07:02:30 PM »
Is 28,000 the new norm for the Dow Jones or will it fade away like a flower or an old song and leave you with nothing?

aspiringnomad

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Re: Top is in
« Reply #5451 on: December 26, 2019, 07:07:20 PM »
S&P 500, 2017 Apr 11:  2,357
S&p 500, 2019 Dec 26:  3,239

2357/3239 = 72.7%
100-72.7=27.3%

But that was THEN. Top is in now. All dollars left in the market are destined to shrivel like the leftover wrappers from a materialistic Christmas, doomed to litter the oceans in emulation of scraps of tattered plastic. Only the detritus of our overconfident spree will tell bedraggled future historians of how we met our fate.

Happy New Year!

Little known fact: "Auld lang syne" is actually Scots for "Top is in."




Phenix

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Re: Top is in
« Reply #5452 on: December 26, 2019, 09:00:53 PM »
Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Me reading this post:

nereo

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Re: Top is in
« Reply #5453 on: December 27, 2019, 12:35:25 AM »
Ok, I'm calling it now:  2020 will be the top!  @thorstach will be vindicated, proven a profit.  Thorstach was a mere 4 years early and 37% too soon.

...and if not 2020, definitely 2021.  Or 2022 at the latest.  It's going to happen people, THE TOP IS IN!!!!

jeromedawg

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Re: Top is in
« Reply #5454 on: December 27, 2019, 12:50:22 AM »
Is the top in on post-apocalyptic Pog fiction?

Tops to things I’d never thought about!

Son, there's a top to everything. Including milk bottles... aka POGS. Or just milk caps. Or milk tops. I don't know anymore...

JAYSLOL

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Re: Top is in
« Reply #5455 on: December 27, 2019, 02:36:49 AM »
Ok, I'm calling it now:  2020 will be the top!  @thorstach will be vindicated, proven a profit.  Thorstach was a mere 4 years early and 37% too soon.

...and if not 2020, definitely 2021.  Or 2022 at the latest.  It's going to happen people, THE TOP IS IN!!!!

I agree, if not by 2022, definitely by around 2025 or sometime shortly, geologically-speaking, after that.  Or there’s a good chance anyway. 

Brother Esau

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Re: Top is in
« Reply #5456 on: December 27, 2019, 05:36:16 AM »
S&P 500, 2017 Apr 11:  2,357
S&p 500, 2019 Dec 26:  3,239

2357/3239 = 72.7%
100-72.7=27.3%
[...]

...and more relevantly, 3239/2357=137% - up 37% plus dividends (for a total of about 45%) in less than three years.

But it's "only on paper"

nereo

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Re: Top is in
« Reply #5457 on: December 27, 2019, 05:51:46 AM »
S&P 500, 2017 Apr 11:  2,357
S&p 500, 2019 Dec 26:  3,239

2357/3239 = 72.7%
100-72.7=27.3%
[...]

...and more relevantly, 3239/2357=137% - up 37% plus dividends (for a total of about 45%) in less than three years.

But it's "only on paper"

No, this was definitely "on my computer".
I don't even get the paper anymore.

aboatguy

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Re: Top is in
« Reply #5458 on: December 27, 2019, 08:20:04 AM »
S&P 500, 2017 Apr 11:  2,357
S&p 500, 2019 Dec 26:  3,239

2357/3239 = 72.7%
100-72.7=27.3%
[...]

...and more relevantly, 3239/2357=137% - up 37% plus dividends (for a total of about 45%) in less than three years.
  Thank you. Seems like fear of fhe Top is dangerous to one's networth !    Hopefully this isn't the FOMO TOP.
« Last Edit: December 27, 2019, 08:30:35 AM by aboatguy »

dougules

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Re: Top is in
« Reply #5459 on: December 27, 2019, 11:08:44 AM »
S&P 500, 2017 Apr 11:  2,357
S&p 500, 2019 Dec 26:  3,239

2357/3239 = 72.7%
100-72.7=27.3%
[...]

...and more relevantly, 3239/2357=137% - up 37% plus dividends (for a total of about 45%) in less than three years.

But it's "only on paper"



No, this was definitely "on my computer".
I don't even get the paper anymore.

« Last Edit: December 27, 2019, 11:16:49 AM by dougules »

dragoncar

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Re: Top is in
« Reply #5460 on: December 27, 2019, 11:37:04 AM »
Is the top in on post-apocalyptic Pog fiction?

Tops to things I’d never thought about!

Son, there's a top to everything. Including milk bottles... aka POGS. Or just milk caps. Or milk tops. I don't know anymore...

To everything
There is a top
And a time to every sector, under heaven
A time to make money, a time to lose money
A time to buy, a time to sell
A time to short, a time to close shorts
A time to laugh, a time to weep

RWTL

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Re: Top is in
« Reply #5461 on: December 27, 2019, 01:33:21 PM »
Is the top in on post-apocalyptic Pog fiction?

Tops to things I’d never thought about!

Son, there's a top to everything. Including milk bottles... aka POGS. Or just milk caps. Or milk tops. I don't know anymore...

To everything
There is a top
And a time to every sector, under heaven
A time to make money, a time to lose money
A time to buy, a time to sell
A time to short, a time to close shorts
A time to laugh, a time to weep

That was beautiful. 

Brother Esau

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Re: Top is in
« Reply #5462 on: December 27, 2019, 05:00:45 PM »
Is the top in on post-apocalyptic Pog fiction?

Tops to things I’d never thought about!

Son, there's a top to everything. Including milk bottles... aka POGS. Or just milk caps. Or milk tops. I don't know anymore...

To everything
There is a top
And a time to every sector, under heaven
A time to make money, a time to lose money
A time to buy, a time to sell
A time to short, a time to close shorts
A time to laugh, a time to weep

That was beautiful.

Turn, Turn, Turn....

DarkandStormy

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Re: Top is in
« Reply #5463 on: December 30, 2019, 12:20:41 PM »
Final top is in.

The S&P 500 is up some 11.5% since this post.  Keep posting, thorstach!  You're our fearless leader.

Exflyboy

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Re: Top is in
« Reply #5464 on: December 30, 2019, 09:53:26 PM »
Final top is in.

The S&P 500 is up some 11.5% since this post.  Keep posting, thorstach!  You're our fearless leader.

Ye of little faith.. He was finally right!.. 3140 was it.. all downhill from here!

Steeze

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Re: Top is in
« Reply #5465 on: December 31, 2019, 06:22:48 AM »
Top of 2019 is In!

DarkandStormy

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Re: Top is in
« Reply #5466 on: December 31, 2019, 08:08:34 AM »
The Decade Top, truly, is in.  Unless you're one of those people who doesn't recognize Year 0.  Then you have a whole extra year.

maizefolk

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Re: Top is in
« Reply #5467 on: December 31, 2019, 08:24:48 AM »
Since there was no year 0 (dating goes straight from 1 BC to 1 AD) the next decade can either start in 2021 or the first decade AD was only 9 years long.

Personally I prefer to define "decade" as a time period of ~9-10 years.

dragoncar

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Re: Top is in
« Reply #5468 on: December 31, 2019, 08:26:47 AM »
Since there was no year 0 (dating goes straight from 1 BC to 1 AD) the next decade can either start in 2021 or the first decade AD was only 9 years long.

Personally I prefer to define "decade" as a time period of ~9-10 years.

Define 1 BC= 0 AD

dandarc

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Re: Top is in
« Reply #5469 on: January 02, 2020, 08:06:51 AM »
Completing the power-move we started in October today - > $33K new money for 2020 IRAs and 401K into the market today. Of course it is looking to be up today. TOP IS IN for 2020 already if my luck holds!

DarkandStormy

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Re: Top is in
« Reply #5470 on: January 02, 2020, 08:21:25 AM »
2020 top is in.

dragoncar

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Re: Top is in
« Reply #5471 on: January 02, 2020, 10:06:14 AM »
2020 top is in.

I’m already down thousands from the 2020 top

Brother Esau

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Re: Top is in
« Reply #5472 on: January 02, 2020, 02:15:22 PM »
Another day, another market record high...

solon

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Re: Top is in
« Reply #5473 on: January 02, 2020, 03:02:52 PM »
Another day, another market record high...

His hand looks too big for his head.

Hand top is in.

dragoncar

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Re: Top is in
« Reply #5474 on: January 02, 2020, 07:31:47 PM »
Another day, another market record high...

His hand looks too big for his head.

Hand top is in.


MissNancyPryor

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Re: Top is in
« Reply #5475 on: January 02, 2020, 09:40:24 PM »


Clearly the top. 

Well, as long as you don't look up at the mountain behind you.

 


Yeah, I did just learn how to load gifs.  Thanks for asking.
« Last Edit: January 02, 2020, 09:42:07 PM by MissNancyPryor »

Much Fishing to Do

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Re: Top is in
« Reply #5476 on: January 03, 2020, 07:58:05 AM »
Top is most definitely in now...stocks tanking, volatility rising.  The S&P500 is down to levels we haven't seen since last year!

Brother Esau

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Re: Top is in
« Reply #5477 on: January 03, 2020, 08:20:54 AM »
Top is most definitely in now...stocks tanking, volatility rising.  The S&P500 is down to levels we haven't seen since last year!

Thank you Iran.

Maenad

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Re: Top is in
« Reply #5478 on: January 03, 2020, 09:00:20 AM »
Oh god we're all going to die

GuitarStv

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Re: Top is in
« Reply #5479 on: January 03, 2020, 09:17:21 AM »
Oh god we're all going to die

Was that ever in doubt?

Exflyboy

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Re: Top is in
« Reply #5480 on: January 03, 2020, 10:01:45 AM »
Nothing says "economic stimulus" like a good old fashioned war!

Gosh, just time for the election run up too...

DavidAnnArbor

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Re: Top is in
« Reply #5481 on: January 03, 2020, 03:46:26 PM »
Oh god we're all going to die

Was that ever in doubt?

No, but not this soon.

dougules

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Re: Top is in
« Reply #5482 on: January 03, 2020, 04:02:55 PM »
Oh god we're all going to die

Was that ever in doubt?

No, but not this soon.

Now that the top is in, being one of the survivors will be much worse. 

GuitarStv

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Re: Top is in
« Reply #5483 on: January 03, 2020, 04:12:49 PM »
Oh god we're all going to die

Was that ever in doubt?

No, but not this soon.

So if I'm reading you right . . . . We've reached top life?

dougules

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Re: Top is in
« Reply #5484 on: January 03, 2020, 04:17:02 PM »
Oh god we're all going to die

Was that ever in doubt?

No, but not this soon.

So if I'm reading you right . . . . We've reached top life?

We've reached top everything.

thorstach

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Re: Top is in
« Reply #5485 on: January 05, 2020, 02:04:05 PM »
Top is in

Clean Shaven

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Re: Top is in
« Reply #5486 on: January 05, 2020, 02:20:44 PM »

matchewed

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aspiringnomad

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Re: Top is in
« Reply #5488 on: January 05, 2020, 03:37:47 PM »

jeroly

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Re: Top is in
« Reply #5489 on: January 05, 2020, 04:49:13 PM »
Top is in
Phew. I was worried that the top might actually be in, but the market’s truest buy signal just flashed bright green.

BigMoneyJim

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Re: Top is in
« Reply #5490 on: January 05, 2020, 06:56:53 PM »

dragoncar

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Re: Top is in
« Reply #5491 on: January 05, 2020, 08:15:07 PM »
Top is in
Phew. I was worried that the top might actually be in, but the market’s truest buy signal just flashed bright green.

I don’t know, this one was kind of low effort.  Maybe it’s a double reversal secret probationary top?  Maybe thorstach top is in? 
« Last Edit: January 05, 2020, 08:21:37 PM by dragoncar »

JAYSLOL

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Re: Top is in
« Reply #5492 on: January 05, 2020, 08:45:22 PM »
Numeric alignment of the great scrolls of thorstach shows clear trend of Top being in for the number 1. 

aspiringnomad

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Re: Top is in
« Reply #5493 on: January 05, 2020, 08:47:50 PM »
Final top is in.

Top is in

After the final top, thorstach bot reboots for a new start.


EscapeVelocity2020

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Re: Top is in
« Reply #5494 on: January 05, 2020, 09:11:31 PM »
Top is in
Phew. I was worried that the top might actually be in, but the market’s truest buy signal just flashed bright green.

It should be a pretty interesting year in the markets given the toppiness we are starting from.  Thorstach might finally be closer to calling the top this time!  Congrats to everyone

Villanelle

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Re: Top is in
« Reply #5495 on: January 05, 2020, 09:20:44 PM »
Yum!  Pass the Sangria.


Tapas is in!


vand

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Re: Top is in
« Reply #5496 on: January 06, 2020, 03:01:28 AM »
Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

Price stretched above a long term moving average.

Details!

How large is your short position relative to your portfolio & net worth? When does it expire, strike price, what is your upside/downside risk? Curious how this is executed.

Let’s call “this level” SP500 3196.  I’m sure he’ll come back to let us know when he closes out his short position.

Short position is only 40% of my active equity portfolio exposure, which itself is about 20% of my total liquid assets.
I short via spreadbetting with continual rollover.

Currently still slightly underwater, but my portfolio has been outperforming indices quite strongly, and meanwhile I continue to collect the nice 6% dividend yield on all the underlying holdings.

I will cover the position when the market eventually arrives at its next technically oversold point; the actual pricepoint where this happens is not actually that important, though I do expect it to be somewhat closer to the 200dma that it currently already is.

It might be a few weeks or even months yet.. happy enough with my position to to sit on it and let the markets unfold how they will.

Definitely label this "adventures in market timing".

DadJokes

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Re: Top is in
« Reply #5497 on: January 06, 2020, 06:16:50 AM »
Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

Price stretched above a long term moving average.

Details!

How large is your short position relative to your portfolio & net worth? When does it expire, strike price, what is your upside/downside risk? Curious how this is executed.

Let’s call “this level” SP500 3196.  I’m sure he’ll come back to let us know when he closes out his short position.

Short position is only 40% of my active equity portfolio exposure, which itself is about 20% of my total liquid assets.
I short via spreadbetting with continual rollover.

Currently still slightly underwater, but my portfolio has been outperforming indices quite strongly, and meanwhile I continue to collect the nice 6% dividend yield on all the underlying holdings.

I will cover the position when the market eventually arrives at its next technically oversold point; the actual pricepoint where this happens is not actually that important, though I do expect it to be somewhat closer to the 200dma that it currently already is.

It might be a few weeks or even months yet.. happy enough with my position to to sit on it and let the markets unfold how they will.

Definitely label this "adventures in market timing".

I can say words on the internet too. For example:

My portfolio has more than doubled the growth of the S&P over the last year.

I posted it on the internet, so it must be true.

vand

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Re: Top is in
« Reply #5498 on: January 06, 2020, 06:40:10 AM »
Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

Price stretched above a long term moving average.

Details!

How large is your short position relative to your portfolio & net worth? When does it expire, strike price, what is your upside/downside risk? Curious how this is executed.

Let’s call “this level” SP500 3196.  I’m sure he’ll come back to let us know when he closes out his short position.

Short position is only 40% of my active equity portfolio exposure, which itself is about 20% of my total liquid assets.
I short via spreadbetting with continual rollover.

Currently still slightly underwater, but my portfolio has been outperforming indices quite strongly, and meanwhile I continue to collect the nice 6% dividend yield on all the underlying holdings.

I will cover the position when the market eventually arrives at its next technically oversold point; the actual pricepoint where this happens is not actually that important, though I do expect it to be somewhat closer to the 200dma that it currently already is.

It might be a few weeks or even months yet.. happy enough with my position to to sit on it and let the markets unfold how they will.

Definitely label this "adventures in market timing".

I can say words on the internet too. For example:

My portfolio has more than doubled the growth of the S&P over the last year.

I posted it on the internet, so it must be true.

Actually its more like tripled the S&P

Brother Esau

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Re: Top is in
« Reply #5499 on: January 06, 2020, 06:48:11 AM »
Yum!  Pass the Sangria.


Tapas is in!

Cheers!

 

Wow, a phone plan for fifteen bucks!