Author Topic: Top is in  (Read 1855736 times)

Radagast

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Re: Top is in
« Reply #8150 on: August 16, 2021, 10:16:38 PM »
Ok. Fine. But this time, Top is really in.
I meant this time. I meant this time it is really in.

JJ-

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Re: Top is in
« Reply #8151 on: August 16, 2021, 10:18:46 PM »
Ok. Fine. But this time, Top is really in.
I meant this time. I meant this time it is really in.
How many mulligans do you get

EscapeVelocity2020

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Re: Top is in
« Reply #8152 on: August 17, 2021, 08:42:45 AM »
It does look like S&P 4500 is going to take a little longerÖ. Of course, the 52 week low (in the midst of this crazy COVID rally) was ~3200!
« Last Edit: August 17, 2021, 09:34:30 AM by EscapeVelocity2020 »

mies

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Re: Top is in
« Reply #8153 on: August 17, 2021, 10:49:50 AM »
It does look like S&P 4500 is going to take a little longerÖ. Of course, the 52 week low (in the midst of this crazy COVID rally) was ~3200!

I have money going in this week. S&P 500 at 4500 can take as long as it wants. If it wants to dip below 4000 for awhile, that's also totally cool.
« Last Edit: August 17, 2021, 10:54:56 AM by mies »

dougules

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Re: Top is in
« Reply #8154 on: August 17, 2021, 11:30:48 AM »
Ok. Fine. But this time, Top is really in.
I meant this time. I meant this time it is really in.

It it possible we've been having practice tops or top drills?

2Birds1Stone

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Re: Top is in
« Reply #8155 on: August 17, 2021, 04:16:53 PM »
I bearly check this thread, but today definitely was the start of a nice leg down.

Buckle up, fellow wageslaves.

mies

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Re: Top is in
« Reply #8156 on: August 17, 2021, 06:10:15 PM »
I bearly check this thread, but today definitely was the start of a nice leg down.

Buckle up, fellow wageslaves.

Only 19.3% to go 😈

PDXTabs

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Re: Top is in
« Reply #8157 on: August 17, 2021, 06:17:28 PM »
I bearly check this thread, but today definitely was the start of a nice leg down.

Buckle up, fellow wageslaves.

We can dream.

solon

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Re: Top is in
« Reply #8158 on: August 17, 2021, 07:49:22 PM »
Fun day today! (S&P 500 down 0.71%) I hope tomorrow is just like it - I have a 401k contribution going in.

JJ-

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Re: Top is in
« Reply #8159 on: August 17, 2021, 08:45:48 PM »
Fun day today! (S&P 500 down 0.71%) I hope tomorrow is just like it - I have a 401k contribution going in.
I hope it's worse than today. Then we'd clearly know top was in.

And I love being a wageslave

Radagast

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Re: Top is in
« Reply #8160 on: August 17, 2021, 09:36:26 PM »
Ok. Fine. But this time, Top is really in.
I meant this time. I meant this time it is really in.
How many mulligans do you get
As many as it takes!

Radagast

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Re: Top is in
« Reply #8161 on: August 17, 2021, 09:37:25 PM »
Ok. Fine. But this time, Top is really in.
I meant this time. I meant this time it is really in.

It it possible we've been having practice tops or top drills?
It's possible, but to be honest the meme search results for those two phrases are terrible.

dragoncar

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Re: Top is in
« Reply #8162 on: August 17, 2021, 09:54:02 PM »
Top is ligma

2Birds1Stone

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Re: Top is in
« Reply #8163 on: August 18, 2021, 01:57:01 PM »
@solon @PDXTabs, I'm usually a jesting bear, but with what's going on in the world, I don't see things looking rosy in the near term at least. Last year we had quite the ride from highs in August into October.

EscapeVelocity2020

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Re: Top is in
« Reply #8164 on: August 18, 2021, 01:59:15 PM »
It does look like S&P 4500 is going to take a little longerÖ. Of course, the 52 week low (in the midst of this crazy COVID rally) was ~3200!

Where is @thorstach to save us now :(

Call the top just one last time almighty prognosticator, we beg of you!

PDXTabs

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Re: Top is in
« Reply #8165 on: August 18, 2021, 02:03:08 PM »
solon PDXTabs, I'm usually a jesting bear, but with what's going on in the world, I don't see things looking rosy in the near term at least. Last year we had quite the ride from highs in August into October.

I mostly agree. But if the stock market can hit record highs during the depths of a global pandemic, what's going to stop the Fed put now? Perhaps actual sustained inflation? But I agree, perhaps the market has gotten ahead of itself and I would welcome some discounted equities for my 26 buys per year.

Exflyboy

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Re: Top is in
« Reply #8166 on: August 18, 2021, 02:13:16 PM »
solon PDXTabs, I'm usually a jesting bear, but with what's going on in the world, I don't see things looking rosy in the near term at least. Last year we had quite the ride from highs in August into October.

I mostly agree. But if the stock market can hit record highs during the depths of a global pandemic, what's going to stop the Fed put now? Perhaps actual sustained inflation? But I agree, perhaps the market has gotten ahead of itself and I would welcome some discounted equities for my 26 buys per year.

Damned accumulators!...;)

maisymouser

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Re: Top is in
« Reply #8167 on: August 18, 2021, 03:16:02 PM »
solon PDXTabs, I'm usually a jesting bear, but with what's going on in the world, I don't see things looking rosy in the near term at least. Last year we had quite the ride from highs in August into October.

I mostly agree. But if the stock market can hit record highs during the depths of a global pandemic, what's going to stop the Fed put now? Perhaps actual sustained inflation? But I agree, perhaps the market has gotten ahead of itself and I would welcome some discounted equities for my 26 buys per year.

You just don't get it. Top. Is. IN.

solon

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Re: Top is in
« Reply #8168 on: August 18, 2021, 04:51:01 PM »
Well, that was it. That was the top. We missed it.

thorstach

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Re: Top is in
« Reply #8169 on: August 19, 2021, 11:45:22 AM »
Nasdaq top is in


JJ-

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Re: Top is in
« Reply #8170 on: August 19, 2021, 11:55:31 AM »
Nasdaq top is in
Thank you for pointing out where the top was. I don't know what I'd do without help.

PDXTabs

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Re: Top is in
« Reply #8171 on: August 19, 2021, 12:57:45 PM »

Wintergreen78

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Re: Top is in
« Reply #8172 on: August 19, 2021, 07:30:58 PM »
Nasdaq top is in

NASDAQ top was last Friday. I donít think you are even Thorstach.

ChpBstrd

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Re: Top is in
« Reply #8173 on: August 20, 2021, 07:08:36 AM »
Nasdaq top is in
I find if my phone is held sideways instead of upright, it helps the chart not look so bubbly.

dougules

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Re: Top is in
« Reply #8174 on: August 20, 2021, 08:20:32 AM »
Nasdaq top is in
I find if my phone is held sideways instead of upright, it helps the chart not look so bubbly.

It helps more to turn it upside down. 

maizefolk

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Re: Top is in
« Reply #8175 on: August 20, 2021, 10:07:17 AM »
If you can figure out how to click buy while holding your phone upside down you can invest in equities which have never been more undervalued.

Steeze

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Re: Top is in
« Reply #8176 on: August 20, 2021, 10:13:55 AM »
If you can figure out how to click buy while holding your phone upside down you can invest in equities which have never been more undervalued.

so... I can sell all my equities, turn my phone upside down, buy at all time lows, then turn my phone right side up, then sell at all time highs?? Is this how market timing works? Why is everyone so opposed to this on this forum? Seems pretty fool proof.

JJ-

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Re: Top is in
« Reply #8177 on: August 20, 2021, 10:16:42 AM »
If you can figure out how to click buy while holding your phone upside down you can invest in equities which have never been more undervalued.

so... I can sell all my equities, turn my phone upside down, buy at all time lows, then turn my phone right side up, then sell at all time highs?? Is this how market timing works? Why is everyone so opposed to this on this forum? Seems pretty fool proof.
What if you live in the southern hemisphere?

Steeze

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Re: Top is in
« Reply #8178 on: August 20, 2021, 10:20:26 AM »
If you can figure out how to click buy while holding your phone upside down you can invest in equities which have never been more undervalued.

so... I can sell all my equities, turn my phone upside down, buy at all time lows, then turn my phone right side up, then sell at all time highs?? Is this how market timing works? Why is everyone so opposed to this on this forum? Seems pretty fool proof.
What if you live in the southern hemisphere?

Just got a brilliant idea ... could arbitrate time zones by moving close to a boarder. Then check ticker prices in the later time zone, move quickly to the earlier time zone and place buy orders on anything that is about to go up!

frugalnacho

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Re: Top is in
« Reply #8179 on: August 20, 2021, 10:22:54 AM »
Check-mate Einstein. 

Glenstache

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Re: Top is in
« Reply #8180 on: August 20, 2021, 10:52:03 AM »
I want to see someone go all in and try to sell a blockchain NFT of this thread.

BicycleB

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Re: Top is in
« Reply #8181 on: August 20, 2021, 02:52:30 PM »
I want to see someone go all in and try to sell a blockchain NFT of this thread.

My favorite discussion of the week was with an acquintance who's a patent attorney. I tried 'splaining NFTs to him. At first he couldn't understand because he literally could not imagine that anyone meant something that stupid (or at least, that empty of rights and other elements of "existence"). Then he finally realized what I meant. Once he got it we laughed our butts off. Now he swears he's going to start a company that makes NFTs.

NFTop is in!

dragoncar

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Re: Top is in
« Reply #8182 on: August 23, 2021, 01:51:04 PM »
I love these lazy Fridays

JJ-

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Re: Top is in
« Reply #8183 on: August 23, 2021, 02:14:56 PM »
I love these lazy Fridays

But today is Tuesday

Mr. Green

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Re: Top is in
« Reply #8184 on: August 23, 2021, 02:47:30 PM »
Looks like last week's Highday Friday was just a little late. Has someone been turning their phone upside down too much and messed with the space-time continuum?

Mr. Green

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Re: Top is in
« Reply #8185 on: August 23, 2021, 02:48:43 PM »
I love these lazy Fridays

But today is Tuesday
You must be even lazier than the rest of us since you think it's Tuesday! lol

JJ-

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Re: Top is in
« Reply #8186 on: August 23, 2021, 02:52:49 PM »
I love these lazy Fridays

But today is Tuesday
You must be even lazier than the rest of us since you think it's Tuesday! lol
I turned my phone sideways to check the charts and I think I broke the calendar. Today is now 10:31 am.

BigMoneyJim

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Re: Top is in
« Reply #8187 on: August 23, 2021, 03:03:15 PM »
I love these lazy Fridays

But today is Tuesday

I'm not going to work tomorrow; must be a Friday.

dougules

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Re: Top is in
« Reply #8188 on: August 23, 2021, 03:26:20 PM »
I love these lazy Fridays

But today is Tuesday

I'm not going to work tomorrow; must be a Friday.

Well now we know why the market is so far up.  You've just made the world a never-ending string of All-Time High Fridays.  If you ever have a Monday there will be a crash the likes of which the world has never seen.  TOP IS IN. 

Exflyboy

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Re: Top is in
« Reply #8189 on: August 23, 2021, 05:49:15 PM »
Wait.. I'm confused what day it is.. didn't we almost hit a new high today?

JJ-

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Re: Top is in
« Reply #8190 on: August 23, 2021, 06:55:13 PM »
Wait.. I'm confused what day it is.. didn't we almost hit a new high today?
It's Tuesday hold on tight.

Mr. Green

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Re: Top is in
« Reply #8191 on: August 23, 2021, 07:08:04 PM »
If there's one Groundhog's Day (Bill Murray style) I could get behind it's an All-time High Friday.

Heliios

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Re: Top is in
« Reply #8192 on: August 24, 2021, 09:21:17 AM »
It just keeps going up! It will never stop!!! Pour everything into VTI!!! (Just some rational exuberance for another Tuesday top.)
« Last Edit: August 24, 2021, 09:47:02 AM by Heliios »

solon

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Re: Top is in
« Reply #8193 on: August 24, 2021, 09:23:54 AM »
"The S&P 500 recently hit its 50th all-time high of the year and itís only August. Thatís the second most for any year (through August) since 1950."

https://ofdollarsanddata.com/are-we-in-a-melt-up/

ScreamingHeadGuy

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Re: Top is in
« Reply #8194 on: August 24, 2021, 09:27:50 AM »
ďCase of the MondaysĒ top is in.  Tuesdays are set to hit all-time lows.  Wednesdays are just humping it. 

dougules

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Re: Top is in
« Reply #8195 on: August 24, 2021, 09:54:36 AM »
"The S&P 500 recently hit its 50th all-time high of the year and itís only August. Thatís the second most for any year (through August) since 1950."

https://ofdollarsanddata.com/are-we-in-a-melt-up/

2021 feels like it's been a lot longer than most years, so maybe we've just had more time to hit all-time highs than we usually do between January and August. 

Exflyboy

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Re: Top is in
« Reply #8196 on: August 24, 2021, 10:43:06 AM »
Another 17% in the second half would be nice..:)

JAYSLOL

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Re: Top is in
« Reply #8197 on: August 24, 2021, 11:34:41 AM »
Did the Top Top of the Topís Top get Topped?  No wait, Top is In

mies

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Re: Top is in
« Reply #8198 on: August 24, 2021, 12:55:14 PM »
Another 17% in the second half would be nice..:)

Us accumulators need -17% in the second half 😈

shuffler

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Re: Top is in
« Reply #8199 on: August 24, 2021, 01:23:00 PM »
2021 feels like it's been a lot longer than most years, so maybe we've just had more time to hit all-time highs than we usually do between January and August.
Yo Dougules, I'm really happy for your new top, and imma let you finish.
But 2020 was one of the longest years of all time!