Author Topic: Top is in  (Read 1436316 times)

Wintergreen78

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Re: Top is in
« Reply #6150 on: February 28, 2020, 09:26:20 AM »
This is pettifoggery, and I for one will not partake. Focus on the top, only the top, and always the top.

It might be a bit of tomfollery, or possibly even be a bit of shinanegans, but are you really so hostile towards me as to label it pettifoggery? 
I'm hurt!

Anyone who distracts us from the top is my enemy.

The important question: is the top a noun or a verb? Is the top a thing that exists in a time and place or is it the action of being?

TomTX

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Re: Top is in
« Reply #6151 on: February 28, 2020, 09:27:21 AM »

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

TomTX

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Re: Top is in
« Reply #6152 on: February 28, 2020, 09:28:57 AM »

The important question: is the top a noun or a verb? Is the top a thing that exists in a time and place or is it the action of being?

Yes! The Top is all things, both a noun and a verb, both raw existence and an action of being!

vand

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Re: Top is in
« Reply #6153 on: February 28, 2020, 09:34:03 AM »
Well those of us who are gutted at missing out from all those gains since 2009 migh get our time again soon, because at this rate the market should be back at those prices by this time next month :-P

I wouldn’t hold your breath.  I’d love to be buying at those prices, but if the market really did drop to 2009 levels by next month I doubt many of us would have jobs to buy cheap shares with.

Well that's always the dilemma of a bear market, isn't it?
Lower prices dont just happen in a vacuum.. they happen because people become forced sellers. It's easy wheel out all those classic quotes about "buying when there's blood in the streets" but what you may not realise is that it is your own blood on the sidewalk.

TomTX

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Re: Top is in
« Reply #6154 on: February 28, 2020, 09:34:54 AM »
there it is

Guess bottom is in, now?

NOOOO!!! I need it to stay down at least through Monday! Front-loaded 457/401k etc.

dougules

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Re: Top is in
« Reply #6155 on: February 28, 2020, 09:50:44 AM »
Whoops. Sorry. The short term trading computers appear to have gotten a little virus causing them to sell sell sell. Anyone tracking what’s happening with gold these days?

From my understanding, gold continues to be an inanimate metallic substance market forces notwithstanding. 

there it is

We must mediate on these wise words, for the is a great deal of knowledge hidden in these three words.

'There' - is this to mean the markets, or the forum, or our deeper cognative selves?

'it' - one might assume this pronoun refers to the 'Top', as in 'the top is in' - but I'm less convinced.  Could be something much deeper,much more important.

'is'.  Just as it is important to stop and be, sometimes, it just 'is'.  Remember that, my fellow mustachians.

I hereby submit that we reverently refer to this divine message simply as TII (pronounced "teeeeeee.... with a very long eee sound at the end).

Now, where's the sacramental wine?

This is pettifoggery, and I for one will not partake. Focus on the top, only the top, and always the top.

I wouldn't ignore this pithy piece of wisdom that has been given to us expressly for the purpose of helping us to comprehend the True Nature of the The Top.

Chris @ Saturday Financial

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Re: Top is in
« Reply #6156 on: February 28, 2020, 09:55:01 AM »
Not only Stonks but stocks seem to be going up too.   Hurray for more tops

I don't think you understand. THE top is in. There are no other tops. This one is it. (2/12/20)

Dang, I was a whole week early in calling THE top, which was 2/19/20.

EscapeVelocity2020

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Re: Top is in
« Reply #6157 on: February 28, 2020, 09:59:42 AM »
I think DJ Khaled really captured the essence of the top is in for me:


Was that actually his song or he was making an appearance to rap about the top?

Oh by the way Top wasn't in as there was another top.  Anyone in for 3400?

Haven't you learned anything from this thread?  Top is in.  We'll never make 3400.  Ever.  The NYSE will just be crumbling abandoned building soon.

@Chris @ Saturday Financial  Actually Dougules is the most prescient at calling the Top.

nereo

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Re: Top is in
« Reply #6158 on: February 28, 2020, 10:35:25 AM »

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

PathtoFIRE

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Re: Top is in
« Reply #6159 on: February 28, 2020, 10:57:10 AM »

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

bthewalls

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Re: Top is in
« Reply #6160 on: February 28, 2020, 11:34:49 AM »
iv been reading the top is in one every week for ages now...over and over, but i'll tell you one thing, whoever called it this time was right!!! lol

TomTX

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Re: Top is in
« Reply #6161 on: February 28, 2020, 11:48:06 AM »

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

Alternatepriorities

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Re: Top is in
« Reply #6162 on: February 28, 2020, 11:51:13 AM »
We're back to levels not seen since Oct 11th of 2019! Breaking out the emergency rations.

Alternatepriorities

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Re: Top is in
« Reply #6163 on: February 28, 2020, 11:52:59 AM »
Oddly enough I just realized the sun is about were it was on October 11th...

That matters more up here in the Norther Bear Territory.

I'm calling the sun TOP on June 21st!

dougules

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Re: Top is in
« Reply #6164 on: February 28, 2020, 11:57:17 AM »
Haven't you learned anything from this thread?  Top is in.  We'll never make 3400.  Ever.  The NYSE will just be crumbling abandoned building soon.

@Chris @ Saturday Financial  Actually Dougules is the most prescient at calling the Top.

All the credit goes to the our leader, thorstach

bthewalls

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Re: Top is in
« Reply #6165 on: February 28, 2020, 12:01:17 PM »
all hail thorstach for his incredible market knowledge...or just repeating the top is in weakly for the last five years...either way ALL HAIL thorstach!!!

thorstach FOR PRESIDENT

Wintergreen78

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Re: Top is in
« Reply #6166 on: February 28, 2020, 12:02:45 PM »

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

I was raised on a sacrament of Welch’s grape juice and Hawaiian bread. I like this new religion better. But since we are still figuring out its particulars, what about gin and tonics? That is truly the drink of the gods.

nereo

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Re: Top is in
« Reply #6167 on: February 28, 2020, 12:11:12 PM »

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

I was raised on a sacrament of Welch’s grape juice and Hawaiian bread. I like this new religion better. But since we are still figuring out its particulars, what about gin and tonics? That is truly the drink of the gods.

Good when it's hot... but I don't care for them when there's snow on the ground.  Can we rotate the sacramental beverage based on the prevailing weather in the northern hemisphere? 

Optimiser

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Re: Top is in
« Reply #6168 on: February 28, 2020, 12:11:58 PM »
all hail thorstach for his incredible market knowledge...or just repeating the top is in weakly for the last five years...either way ALL HAIL thorstach!!!

thorstach FOR PRESIDENT

Thorstach for corona virus czar!

Brother Esau

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Re: Top is in
« Reply #6169 on: February 28, 2020, 12:24:20 PM »
Haven't you learned anything from this thread?  Top is in.  We'll never make 3400.  Ever.  The NYSE will just be crumbling abandoned building soon.

@Chris @ Saturday Financial  Actually Dougules is the most prescient at calling the Top.

All the credit goes to the our leader, thorstach

Don't be silly. It's because you studied all sorts of graphs and charts and indexes that most of us have never heard of.

wienerdog

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Re: Top is in
« Reply #6170 on: February 28, 2020, 12:26:02 PM »
all hail thorstach for his incredible market knowledge...or just repeating the top is in weakly for the last five years...either way ALL HAIL thorstach!!!

thorstach FOR PRESIDENT

Thorstach for corona virus czar!

#Thorstash2020  The caller of The Great 2020 Top!

Wintergreen78

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Re: Top is in
« Reply #6171 on: February 28, 2020, 12:47:50 PM »

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

I was raised on a sacrament of Welch’s grape juice and Hawaiian bread. I like this new religion better. But since we are still figuring out its particulars, what about gin and tonics? That is truly the drink of the gods.

Good when it's hot... but I don't care for them when there's snow on the ground.  Can we rotate the sacramental beverage based on the prevailing weather in the northern hemisphere?

I can agree to that. Gin and tonics happen between the vernal and autumnal equinoxes, and dark hoppy beers the other half of the year. I think we need to set some stones out in a circle somewhere and gave somebody in charge of monitoring when we switch from one to the other.

bthewalls

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Re: Top is in
« Reply #6172 on: February 28, 2020, 12:49:31 PM »
im gonna name my next 3 kids after thorstach

erutio

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Re: Top is in
« Reply #6173 on: February 28, 2020, 01:02:58 PM »
im gonna name my next 3 kids after thorstach
I'm going to name my next 3 kids "Top", "Is", and "In".

bthewalls

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Re: Top is in
« Reply #6174 on: February 28, 2020, 01:04:25 PM »
classy

dragoncar

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Re: Top is in
« Reply #6175 on: February 28, 2020, 01:19:09 PM »
We're back to levels not seen since Oct 11th of 2019! Breaking out the emergency rations.

It’s not so much where we are as how fast we got there

dragoncar

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Re: Top is in
« Reply #6176 on: February 28, 2020, 01:20:13 PM »
there it is

We must mediate on these wise words, for the is a great deal of knowledge hidden in these three words.

'There' - is this to mean the markets, or the forum, or our deeper cognative selves?

'it' - one might assume this pronoun refers to the 'Top', as in 'the top is in' - but I'm less convinced.  Could be something much deeper,much more important.

'is'.  Just as it is important to stop and be, sometimes, it just 'is'.  Remember that, my fellow mustachians.

I hereby submit that we reverently refer to this divine message simply as TII (pronounced "teeeeeee.... with a very long eee sound at the end).

Now, where's the sacramental wine?

Really depends what the meaning of IS is.

Definitely gonna make this market a drinking game. I drink, that’s the game.

GuitarStv

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Re: Top is in
« Reply #6177 on: February 28, 2020, 01:23:23 PM »

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

The body of Thorstache, the bread of top?

bthewalls

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Re: Top is in
« Reply #6178 on: February 28, 2020, 01:26:10 PM »
when i die from cornovirus and my wife liquidates my portfolio and goes partying with some young lad....i want to enter the kingdom and sit at the right hand of the Thorstache...hallowed be his name...

solon

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Re: Top is in
« Reply #6179 on: February 28, 2020, 01:28:59 PM »
At what point should we start worrying?

Bourbon

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Re: Top is in
« Reply #6180 on: February 28, 2020, 01:36:20 PM »
there it is

the great Oracle has spoken! The Top Is IN!

Can someone workout delta to the first TOP?

Facemask stocks are up.


Thread started 04/11/2017.  VTSAX closed at 58.89.  It's sitting at 73.76 off a high of 83.79.

bthewalls

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Re: Top is in
« Reply #6181 on: February 28, 2020, 01:38:40 PM »
when you look at it, even after this drop, vti is only back at oct 19 prices.....

not really that huge a drop

dragoncar

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Re: Top is in
« Reply #6182 on: February 28, 2020, 01:43:02 PM »
At what point should we start worrying?

There’s clearly a huge technical support level at $0, so I’d definitely start worrying if we go below that

Garrett B.

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Re: Top is in
« Reply #6183 on: February 28, 2020, 01:44:08 PM »
when you look at it, even after this drop, vti is only back at oct 19 prices.....

not really that huge a drop
The DOW is 2-3 years back now. 

bthewalls

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Re: Top is in
« Reply #6184 on: February 28, 2020, 01:48:43 PM »
when you look at it, even after this drop, vti is only back at oct 19 prices.....

not really that huge a drop
The DOW is 2-3 years back now.

hell buy the DOW then....market is on sale

dougules

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Re: Top is in
« Reply #6185 on: February 28, 2020, 01:49:48 PM »
I love it when the stock market goes way up or down.  This thread gets boring when the market gets boring. 

bthewalls

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Re: Top is in
« Reply #6186 on: February 28, 2020, 01:50:31 PM »
dude i just checked dow is back to 9th October 19.


dragoncar

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Re: Top is in
« Reply #6187 on: February 28, 2020, 02:04:28 PM »
dude i just checked dow is back to 9th October 19.

This leve was first reached january 2018.  If you invested then you are now flat or down

v8rx7guy

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Re: Top is in
« Reply #6188 on: February 28, 2020, 02:07:24 PM »
We're back to levels not seen since Oct 11th of 2019! Breaking out the emergency rations.

It’s not so much where we are as how fast we got there

Stairs up, Elevator down... nothing new to see here

Garrett B.

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Re: Top is in
« Reply #6189 on: February 28, 2020, 02:08:22 PM »
dude i just checked dow is back to 9th October 19.
Yesterday it was 2 years back.  And the DOW was down another 1.39% today. 

nereo

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Re: Top is in
« Reply #6190 on: February 28, 2020, 02:13:54 PM »
dude i just checked dow is back to 9th October 19.
Yesterday it was 2 years back.  And the DOW was down another 1.39% today.
And what does that tell you, Garrett B.?

Buffaloski Boris

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Re: Top is in
« Reply #6191 on: February 28, 2020, 02:21:24 PM »
Praise be!
Blessed be the Top!

- Ofthorstach, Feb 2020
« Last Edit: February 28, 2020, 02:25:03 PM by Buffaloski Boris »

Garrett B.

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Re: Top is in
« Reply #6192 on: February 28, 2020, 02:28:16 PM »
dude i just checked dow is back to 9th October 19.
Yesterday it was 2 years back.  And the DOW was down another 1.39% today.
And what does that tell you, Garrett B.?
It tells me that the DOW is down the amount I just posted in the previous post.

Custom Concern

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Re: Top is in
« Reply #6193 on: February 28, 2020, 02:35:34 PM »
I've been studying the ancient texts and came across this gem:

"The market's rise after a period of re-accumulation is a bullish sign. Nevertheless, fulcrum characteristics are not yet clearly present and a resistance area exists 40 points higher in the Dow, so it is clearly premature to say the next leg of the bull market is up. If, in the coming weeks, a test of the lows holds and the market breaks out of its flag, a further rise would be indicated. Should the lows be violated, a continuation of the intermediate term downtrend is called for. In view of the current situation, it is a distinct possibility that traders will sit in the wings awaiting a clearer delineation of the trend and the market will move in a narrow trading range."

Almighty and venerable Thorstach, what do you make of such technical analysis?

nereo

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Re: Top is in
« Reply #6194 on: February 28, 2020, 02:39:39 PM »
dude i just checked dow is back to 9th October 19.
Yesterday it was 2 years back.  And the DOW was down another 1.39% today.
And what does that tell you, Garrett B.?
It tells me that the DOW is down the amount I just posted in the previous post.
No, no, no!
Have you learned nothing??!!

Wintergreen78

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Re: Top is in
« Reply #6195 on: February 28, 2020, 02:44:18 PM »
dude i just checked dow is back to 9th October 19.

This leve was first reached january 2018.  If you invested then you are now flat or down

Hey! That’s when I retired! I can retire!

Alternatepriorities

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Re: Top is in
« Reply #6196 on: February 28, 2020, 02:44:31 PM »
dude i just checked dow is back to 9th October 19.
Yesterday it was 2 years back.  And the DOW was down another 1.39% today.
And what does that tell you, Garrett B.?
It tells me that the DOW is down the amount I just posted in the previous post.
No, no, no!
Have you learned nothing??!!
The top was in?

Alternatepriorities

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Re: Top is in
« Reply #6197 on: February 28, 2020, 02:45:12 PM »
all hail thorstach for his incredible market knowledge...or just repeating the top is in weakly for the last five years...either way ALL HAIL thorstach!!!

thorstach FOR PRESIDENT

Thorstach for corona virus czar!

#Thorstash2020  The caller of The Great 2020 Top!

Is he running? Because...

Alternatepriorities

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Re: Top is in
« Reply #6198 on: February 28, 2020, 02:47:14 PM »
At what point should we start worrying?

There’s clearly a huge technical support level at $0, so I’d definitely start worrying if we go below that

Thanks, now I'm trying to calculate what interest rates would justify a P/E of infinity...

dougules

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Re: Top is in
« Reply #6199 on: February 28, 2020, 03:02:58 PM »
At what point should we start worrying?

There’s clearly a huge technical support level at $0, so I’d definitely start worrying if we go below that

Thanks, now I'm trying to calculate what interest rates would justify a P/E of infinity...

You should be trying to figure out what 0÷0 is because that's what both P and E are going to be at soon.