Author Topic: Top is in  (Read 1597555 times)

GuitarStv

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Re: Top is in
« Reply #7250 on: October 31, 2020, 07:37:18 AM »
As I write, S&P is at 3271. No rebound yet! You can still get on the Thorstach train. You have plenty of options (pun intended).

Perfect record: still in play!

Has now cratered to 3,256.

Do all you folks keep ashes and sackcloth on hand for days like today or do should I just buy as needed?

You're welcome, everyone - I pulled some cash out of the market to put down on my house, and the next day (when the sell order went through, of course) the market dropped.  My bad!

What the hell kind of house did you buy!?! Gosh. You didn't buy Greenland did you?

Just a small private island...

Poor investment.  Due to climate change it's likely to return less land area each year.  Island top is in.

TomTX

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Re: Top is in
« Reply #7251 on: October 31, 2020, 09:14:43 AM »
Not a deep crater as the S&P 500 is still up for the year...

But if it keeps dropping 15 points every half hour the S&P 500 will hit zero within less than seven weeks.

My net worth dropped the equivalent of 3 weeks salary. We're doomed.

Nah, just don't buy anything for 3 weeks. Solved!

Travis

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Re: Top is in
« Reply #7252 on: October 31, 2020, 06:39:28 PM »
Not a deep crater as the S&P 500 is still up for the year...

But if it keeps dropping 15 points every half hour the S&P 500 will hit zero within less than seven weeks.

My net worth dropped the equivalent of 3 weeks salary. We're doomed.

Nah, just don't buy anything for 3 weeks. Solved!

It takes me 2 months to spend 3 weeks salary. I'm a terrible consumer.
« Last Edit: October 31, 2020, 07:47:25 PM by Travis »

GuitarStv

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Re: Top is in
« Reply #7253 on: October 31, 2020, 08:37:32 PM »
Not a deep crater as the S&P 500 is still up for the year...

But if it keeps dropping 15 points every half hour the S&P 500 will hit zero within less than seven weeks.

My net worth dropped the equivalent of 3 weeks salary. We're doomed.

Nah, just don't buy anything for 3 weeks. Solved!

It takes me 2 months to spend 3 weeks salary. I'm a terrible consumer.

There's an app for that.

Alternatepriorities

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Re: Top is in
« Reply #7254 on: November 01, 2020, 01:40:13 AM »
As I write, S&P is at 3271. No rebound yet! You can still get on the Thorstach train. You have plenty of options (pun intended).

Perfect record: still in play!

Has now cratered to 3,256.

Do all you folks keep ashes and sackcloth on hand for days like today or do should I just buy as needed?

You're welcome, everyone - I pulled some cash out of the market to put down on my house, and the next day (when the sell order went through, of course) the market dropped.  My bad!

What the hell kind of house did you buy!?! Gosh. You didn't buy Greenland did you?

Just a small private island...

Poor investment.  Due to climate change it's likely to return less land area each year.  Island top is in.

Unless the island is currently cover in ice... might be a very nice place in a few more decades.

WhiteTrashCash

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Re: Top is in
« Reply #7255 on: November 01, 2020, 09:32:55 AM »
I'm very angry about the market dropping this week because I can't buy more shares until I'm paid again. It's so unfair.

2Birds1Stone

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Re: Top is in
« Reply #7256 on: November 01, 2020, 05:26:49 PM »
I'm very angry about the market dropping this week because I can't buy more shares until I'm paid again. It's so unfair.

Don't worry, it's going to keep dropping for quite some time.

Happy shopping!

JAYSLOL

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Re: Top is in
« Reply #7257 on: November 01, 2020, 06:15:14 PM »
I'm very angry about the market dropping this week because I can't buy more shares until I'm paid again. It's so unfair.

Don't worry, it's going to keep dropping for quite some time.

Happy shopping scavenging the post top wasteland!

Fixed that for you

dragoncar

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Re: Top is in
« Reply #7258 on: November 01, 2020, 09:38:31 PM »
I'm very angry about the market dropping this week because I can't buy more shares until I'm paid again. It's so unfair.

Iím mostly mad because it dropped RIGHT at the end of the month and I almost got a new all time high (Intramonth I did but it doesnít really count if itís not in my excel spreadsheet)

Travis

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Re: Top is in
« Reply #7259 on: November 02, 2020, 12:25:18 AM »
I'm very angry about the market dropping this week because I can't buy more shares until I'm paid again. It's so unfair.

Iím mostly mad because it dropped RIGHT at the end of the month and I almost got a new all time high (Intramonth I did but it doesnít really count if itís not in my excel spreadsheet)

Top on the first of the month means a good looking stache spreadsheet. Top on the first of the month also means more expensive stock purchase. The struggle is real.

dragoncar

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Re: Top is in
« Reply #7260 on: November 02, 2020, 03:13:47 AM »
I'm very angry about the market dropping this week because I can't buy more shares until I'm paid again. It's so unfair.

Iím mostly mad because it dropped RIGHT at the end of the month and I almost got a new all time high (Intramonth I did but it doesnít really count if itís not in my excel spreadsheet)

Top on the first of the month means a good looking stache spreadsheet. Top on the first of the month also means more expensive stock purchase. The struggle is real.

Ancient battle between accumulators and .. uh.. de-accumulators

dividendman

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Re: Top is in
« Reply #7261 on: November 04, 2020, 10:54:19 AM »
Election top is in?

frugalnacho

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Re: Top is in
« Reply #7262 on: November 04, 2020, 11:22:04 AM »
Election top is in?

Trump called it after a flagrant personal intentional foul by Biden for trying to count all the votes.  Since Trump was ahead at the time it's only fair he won. 


dandarc

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Re: Top is in
« Reply #7263 on: November 04, 2020, 11:48:59 AM »
Election top is in?

Trump called it after a flagrant personal intentional foul by Biden for trying to count all the votes.  Since Trump was ahead at the time it's only fair he won. 


By that measure, Biden won when that town in New Hampshire voted 5-0 for him. A true landslide!

frugalnacho

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Re: Top is in
« Reply #7264 on: November 04, 2020, 11:57:53 AM »
By that measure, Biden won when that town in New Hampshire voted 5-0 for him. A true landslide!

You can't do that.  You have to stop when Trump is ahead.


dividendman

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Re: Top is in
« Reply #7265 on: November 04, 2020, 01:15:09 PM »
I was saying election top for the markets! The markets are loving the election outcome.

No landslide means gridlock and no changes... perfect.

BigMoneyJim

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Re: Top is in
« Reply #7266 on: November 04, 2020, 01:27:40 PM »
The markets are loving the election outcome.

No landslide means gridlock and no changes... perfect.

This is the most sensible-sounding thing I've heard about the markets this year, seriously.

Travis

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Re: Top is in
« Reply #7267 on: November 04, 2020, 06:12:49 PM »
The markets are loving the election outcome.

No landslide means gridlock and no changes... perfect.

This is the most sensible-sounding thing I've heard about the markets this year, seriously.

The stock market does seem to be a big fan of predictability since it is a forward-looking entity.

dragoncar

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Re: Top is in
« Reply #7268 on: November 05, 2020, 10:06:49 AM »
Oh itís in

Much Fishing to Do

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Re: Top is in
« Reply #7269 on: November 09, 2020, 05:16:58 AM »
Pfizer just reported great results on their vaccine trials and will apply with FDA next week. Rocket up this morning, noon today will be 2020 top.

v8rx7guy

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Re: Top is in
« Reply #7270 on: November 09, 2020, 08:27:40 AM »
Looks like the MOAT was not in

Steeze

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Re: Top is in
« Reply #7271 on: November 09, 2020, 08:38:30 AM »
Just happy I got to live long enough to witness the top one last time

dandarc

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Re: Top is in
« Reply #7272 on: November 09, 2020, 08:46:57 AM »
Note to self: compute net worth on tonight's closing prices.

BicycleB

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Re: Top is in
« Reply #7273 on: November 09, 2020, 11:51:52 AM »
Note to self: compute net worth on tonight's closing prices.

LOL!

@dandarc, you are a classy individual.

dandarc

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Re: Top is in
« Reply #7274 on: November 09, 2020, 11:59:57 AM »
Note to self: compute net worth on tonight's closing prices.

LOL!

@dandarc, you are a classy individual.
I don't think it is likely, and won't know until I add it all up obviously. But tonight might be 2nd comma night.

frugalnacho

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Re: Top is in
« Reply #7275 on: November 09, 2020, 12:50:05 PM »
I did my monthly net worth calculations last night, and holy shit they were the highest they've ever been.  Should waited until today, it would be another $18k or so if the markets close close to the current prices. 

techwiz

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Re: Top is in
« Reply #7276 on: November 09, 2020, 12:58:33 PM »
Note to self: compute net worth on tonight's closing prices.

LOL!

@dandarc, you are a classy individual.
I don't think it is likely, and won't know until I add it all up obviously. But tonight might be 2nd comma night.
Are you saying the 2nd comma Top is in?



matchewed

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Re: Top is in
« Reply #7277 on: November 09, 2020, 01:47:12 PM »
I did my monthly net worth calculations last night, and holy shit they were the highest they've ever been.  Should waited until today, it would be another $18k or so if the markets close close to the current prices.

Yeah I know that it's just a news surge and while it may stay at this level or go up or go down it is still crazy to think that nearly my annual expenses just popped up as an increase to my networth given today's market performance.

caracarn

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Re: Top is in
« Reply #7278 on: November 09, 2020, 01:54:32 PM »
Note to self: compute net worth on tonight's closing prices.
Is this Donald Trump's MMM account?

dandarc

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Re: Top is in
« Reply #7279 on: November 09, 2020, 02:10:54 PM »
Note to self: compute net worth on tonight's closing prices.
Is this Donald Trump's MMM account?
The top is definitely in on this particular user's support of the republican party. Calling it really late though - must be at least 10 years since that particular peak was reached.

Of course, that does not necessarily mean that I'm not Donald Trump . . .

habanero

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Re: Top is in
« Reply #7280 on: November 09, 2020, 03:10:21 PM »
Over here in Europe the Spanish equity market had a stellar day on the news and ended up 8.5% on the day. If it repeats that performance tomorrow as well it will be at just over 50% top. Their  "top is in" thread is not overly active despite that previous top was on the 8th of November. November 8th 2007, that is.

 

Steeze

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Re: Top is in
« Reply #7281 on: November 09, 2020, 03:25:14 PM »
Over here in Europe the Spanish equity market had a stellar day on the news and ended up 8.5% on the day. If it repeats that performance tomorrow as well it will be at just over 50% top. Their  "top is in" thread is not overly active despite that previous top was on the 8th of November. November 8th 2007, that is.

Ouch. Good thing that could never happen here ....

Right guys? That could never happen here right? RIGHT!?!

Alternatepriorities

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Re: Top is in
« Reply #7282 on: November 09, 2020, 03:36:42 PM »
Note to self: compute net worth on tonight's closing prices.
Is this Donald Trump's MMM account?

Surely using a 757 for personal transportation disqualifies one from setting up an account here...

BicycleB

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Re: Top is in
« Reply #7283 on: November 09, 2020, 05:09:40 PM »
Note to self: compute net worth on tonight's closing prices.
Is this Donald Trump's MMM account?

Surely using a 757 for personal transportation disqualifies one from setting up an account here...

If it's charged to the company account, a little jet here and there wouldn't offend anyone, would it?

Wintergreen78

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Re: Top is in
« Reply #7284 on: November 09, 2020, 06:37:49 PM »
Personal all-time top is in. I quit working on January 30 2018, right when that top was in, then bought a brand new car this January, just a little before that top. I actually have a job interview this Wednesday, so Iím really confused why this top is happening now.

Alternatepriorities

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Re: Top is in
« Reply #7285 on: November 09, 2020, 06:43:57 PM »
Personal all-time top is in. I quit working on January 30 2018, right when that top was in, then bought a brand new car this January, just a little before that top. I actually have a job interview this Wednesday, so Iím really confused why this top is happening now.

Hmm, my personal top is in too... It's like we're riding the same wave!

vand

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Re: Top is in
« Reply #7286 on: November 10, 2020, 03:24:51 AM »
Interesting that Nasdaq was so weak yesterday, actually finishing well down on the day, as people rotated out of the world of tech, SAAS, and bought more traditional businesses.

It may be that the great tech outperformance of the last few years is starting to unwind itself.. my value stocks did amazing yesterday and have had good follow through today.

DadJokes

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Re: Top is in
« Reply #7287 on: November 10, 2020, 06:01:06 AM »
Interesting that Nasdaq was so weak yesterday, actually finishing well down on the day, as people rotated out of the world of tech, SAAS, and bought more traditional businesses.

It may be that the great tech outperformance of the last few years is starting to unwind itself.. my value stocks did amazing yesterday and have had good follow through today.

That is interesting. The tech ETF in my IRA was down for the day as well (albeit still up 8.7% for the month).

I guess technology top was in two days ago. At this rate, we'll be back to living in caves and writing with chisel and stone by the end of the month.

caracarn

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Re: Top is in
« Reply #7288 on: November 10, 2020, 06:48:08 AM »
Note to self: compute net worth on tonight's closing prices.
Is this Donald Trump's MMM account?

Surely using a 757 for personal transportation disqualifies one from setting up an account here...
Oh, I did not realize we had to submit our assets for admission to MMM.  Glad i was in before that was taking place.

maizefolk

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Re: Top is in
« Reply #7289 on: November 10, 2020, 09:41:32 AM »
A lot of big tech stocks would have stronger long term earning potential in a world were everyone is working from home than a world where people go back to the office. Makes sense to me that the vaccine news would be good for most companies and neutral to slightly bad for tech stocks.

dandarc

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Re: Top is in
« Reply #7290 on: November 10, 2020, 09:46:28 AM »
$4500 short. Boo. Or perhaps time to start recording our cars on the asset side of the ledger. Or decide to start taking Zillow's word for it on house value rather than last time I got a formal appraisal. Top is in on accounting tricks related to my personal budget!
« Last Edit: November 10, 2020, 09:47:59 AM by dandarc »

Alternatepriorities

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Re: Top is in
« Reply #7291 on: November 11, 2020, 03:02:20 PM »
$4500 short. Boo. Or perhaps time to start recording our cars on the asset side of the ledger. Or decide to start taking Zillow's word for it on house value rather than last time I got a formal appraisal. Top is in on accounting tricks related to my personal budget!

Did you make it today?

Just another day another top over here...

Steeze

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Re: Top is in
« Reply #7292 on: November 11, 2020, 04:39:35 PM »
If I discount all my future earnings including social security I am in the two comma club already!

Wintergreen78

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Re: Top is in
« Reply #7293 on: November 11, 2020, 06:23:23 PM »
I just did some present value calculations, made some interest rate and inflation assumptions. Iím in the two comma club!

Why didnít you tell me it is this easy?

dandarc

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Re: Top is in
« Reply #7294 on: November 11, 2020, 07:05:43 PM »
$4500 short. Boo. Or perhaps time to start recording our cars on the asset side of the ledger. Or decide to start taking Zillow's word for it on house value rather than last time I got a formal appraisal. Top is in on accounting tricks related to my personal budget!

Did you make it today?

Just another day another top over here...
Unless my wife's 457b went down (2045 fund there - I'd expect that went up like everything else did today), indeed we did! Woo!

Alternatepriorities

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Re: Top is in
« Reply #7295 on: November 12, 2020, 11:55:30 AM »
$4500 short. Boo. Or perhaps time to start recording our cars on the asset side of the ledger. Or decide to start taking Zillow's word for it on house value rather than last time I got a formal appraisal. Top is in on accounting tricks related to my personal budget!

Did you make it today?

Just another day another top over here...
Unless my wife's 457b went down (2045 fund there - I'd expect that went up like everything else did today), indeed we did! Woo!
Congratulations on putting in a new Top!

v8rx7guy

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Re: Top is in
« Reply #7296 on: November 13, 2020, 02:31:18 PM »
Lemme be the first to say... TOP IS IN

Alternatepriorities

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Re: Top is in
« Reply #7297 on: November 13, 2020, 02:35:32 PM »
Lemme be the first to say... TOP IS IN

Damn, I just came here to say that.

We even have three days to enjoy it this time.

Mr Mark

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Re: Top is in
« Reply #7298 on: November 13, 2020, 03:05:27 PM »
Not a deep crater as the S&P 500 is still up for the year...

But if it keeps dropping 15 points every half hour the S&P 500 will hit zero within less than seven weeks.

My net worth dropped the equivalent of 3 weeks salary. We're doomed.

Nah, just don't buy anything for 3 weeks. Solved!

It takes me 2 months to spend 3 weeks salary. I'm a terrible consumer.

There's an app for that.

it's called ... Amazon

Mr Mark

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Re: Top is in
« Reply #7299 on: November 13, 2020, 03:09:41 PM »
Lemme be the first to say... TOP IS IN

The market's AI advisors really like a divided US gov [positive correlation to stock market gains] and a one term President [positive correlation to stock market gains], and low rates 4-EVAH! [positive correlation to stock market gains], ...

top is not yet in