Author Topic: Top is in  (Read 1912255 times)

Steeze

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Re: Top is in
« Reply #8400 on: October 04, 2021, 10:45:40 AM »
I think it's similar to how the weather is beautiful during the work week but rains on the weekend here.

A higher power is just letting us know that we're not in control.

The higher power is the Top, of course

I parked my car in an open parking lot at work one time as a teenager, no trees around, just open parking lot with a bunch of other cars. When I left work my car had about 500 bird poops on it. No one else's car had bird poop on them, just my car. I knew where I stood with the higher power at that moment. Has been about 15-20 years since then and I am still bitter about it.

dougules

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Re: Top is in
« Reply #8401 on: October 04, 2021, 11:32:58 AM »
I think it's similar to how the weather is beautiful during the work week but rains on the weekend here.

A higher power is just letting us know that we're not in control.

The higher power is the Top, of course

I parked my car in an open parking lot at work one time as a teenager, no trees around, just open parking lot with a bunch of other cars. When I left work my car had about 500 bird poops on it. No one else's car had bird poop on them, just my car. I knew where I stood with the higher power at that moment. Has been about 15-20 years since then and I am still bitter about it.

Is your avatar related?

Radagast

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Re: Top is in
« Reply #8402 on: October 04, 2021, 06:14:08 PM »
I think it's similar to how the weather is beautiful during the work week but rains on the weekend here.

A higher power is just letting us know that we're not in control.

The higher power is the Top, of course

I parked my car in an open parking lot at work one time as a teenager, no trees around, just open parking lot with a bunch of other cars. When I left work my car had about 500 bird poops on it. No one else's car had bird poop on them, just my car. I knew where I stood with the higher power at that moment. Has been about 15-20 years since then and I am still bitter about it.
That's because your not on top.

dragoncar

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Re: Top is in
« Reply #8403 on: October 04, 2021, 06:43:38 PM »
100% the case.  Every one of my Friday paydays the market is up. I laugh each time, then down Monday. Are we being fed on without knowing it?

If this were actually true, you could make a nice arbitrage by buying your Friday contribution on Thursday (on margin) and then selling Friday.

dragoncar

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Re: Top is in
« Reply #8404 on: October 04, 2021, 06:45:27 PM »
I think it's similar to how the weather is beautiful during the work week but rains on the weekend here.

A higher power is just letting us know that we're not in control.

The higher power is the Top, of course

I parked my car in an open parking lot at work one time as a teenager, no trees around, just open parking lot with a bunch of other cars. When I left work my car had about 500 bird poops on it. No one else's car had bird poop on them, just my car. I knew where I stood with the higher power at that moment. Has been about 15-20 years since then and I am still bitter about it.

I guess you would have mentioned it, but most "open" parking lots still have light poles that birds love to sit on.  I never park directly under a parking lot light

Steeze

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Re: Top is in
« Reply #8405 on: October 04, 2021, 07:20:10 PM »
I think it's similar to how the weather is beautiful during the work week but rains on the weekend here.

A higher power is just letting us know that we're not in control.

The higher power is the Top, of course

I parked my car in an open parking lot at work one time as a teenager, no trees around, just open parking lot with a bunch of other cars. When I left work my car had about 500 bird poops on it. No one else's car had bird poop on them, just my car. I knew where I stood with the higher power at that moment. Has been about 15-20 years since then and I am still bitter about it.

I guess you would have mentioned it, but most "open" parking lots still have light poles that birds love to sit on.  I never park directly under a parking lot light

Nope, no light poles. Just an empty gravel parking area and a message from God.


PhilB

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Re: Top is in
« Reply #8406 on: October 04, 2021, 10:40:26 PM »
I think it's similar to how the weather is beautiful during the work week but rains on the weekend here.

A higher power is just letting us know that we're not in control.

The higher power is the Top, of course

I parked my car in an open parking lot at work one time as a teenager, no trees around, just open parking lot with a bunch of other cars. When I left work my car had about 500 bird poops on it. No one else's car had bird poop on them, just my car. I knew where I stood with the higher power at that moment. Has been about 15-20 years since then and I am still bitter about it.

I guess you would have mentioned it, but most "open" parking lots still have light poles that birds love to sit on.  I never park directly under a parking lot light

Nope, no light poles. Just an empty gravel parking area and a message from God.



Either that or a co-worker with a bad attitude and a packet of bird seed...

dougules

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Re: Top is in
« Reply #8407 on: October 05, 2021, 08:09:24 AM »
I guess you would have mentioned it, but most "open" parking lots still have light poles that birds love to sit on.  I never park directly under a parking lot light

Nope, no light poles. Just an empty gravel parking area and a message from God.



Either that or a co-worker with a bad attitude and a packet of bird seed...

ooo... a good creative revenge idea. 

JAYSLOL

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Re: Top is in
« Reply #8408 on: October 05, 2021, 08:44:10 AM »
I think it's similar to how the weather is beautiful during the work week but rains on the weekend here.

A higher power is just letting us know that we're not in control.

The higher power is the Top, of course

I parked my car in an open parking lot at work one time as a teenager, no trees around, just open parking lot with a bunch of other cars. When I left work my car had about 500 bird poops on it. No one else's car had bird poop on them, just my car. I knew where I stood with the higher power at that moment. Has been about 15-20 years since then and I am still bitter about it.

I guess you would have mentioned it, but most "open" parking lots still have light poles that birds love to sit on.  I never park directly under a parking lot light

Nope, no light poles. Just an empty gravel parking area and a message from God.



Either that or a co-worker with a bad attitude and a packet of bird seed...

Was working with the boss on the road a few years ago and we stopped to grab some fast food and ate in the truck in the middle of an empty parking lot.  This was right near the ocean and a seagull spotted us eating inside the truck and decided to land on the hood to get a closer look and we tried to wave the bird off the truck, but it wouldn’t move, so the boss had the bright idea to throw a fry out out the window onto the pavement to get it off the hood.  Well, that worked, but a thousand more seagulls flew over and covered the whole truck and parking spaces all around the truck.  We had to drive off and eat somewhere else

JJ-

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Re: Top is in
« Reply #8409 on: October 05, 2021, 04:40:29 PM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

It's back.

v8rx7guy

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Re: Top is in
« Reply #8410 on: October 05, 2021, 04:51:39 PM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

It's back.

Just when you think you've heard of it all...

caleb

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Re: Top is in
« Reply #8411 on: October 05, 2021, 04:54:53 PM »
I think we've understood the top incorrectly.

The top is not a noun, it's a progressive verb.  Or at least it is according to the WSJ today: https://www.wsj.com/articles/bull-market-end-11633129950

Quote
Of course, there is no way of knowing whether the current stock market—which pulled back brutally from record highs in late September, before Friday’s rally to start October—has entered such an extended topping process. But the bull market will someday come to an end, if it hasn’t already, and it’s important to review the characteristics of past tops so that you don’t manage your portfolio on the assumption that you will be able to catch the top in real time.

If a couple percent correction from record highs is "brutal," I'm not sure how to prepare for being progressively topped.

Glenstache

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Re: Top is in
« Reply #8412 on: October 05, 2021, 06:22:18 PM »
I think we've understood the top incorrectly.

The top is not a noun, it's a progressive verb.  Or at least it is according to the WSJ today: https://www.wsj.com/articles/bull-market-end-11633129950

Quote
Of course, there is no way of knowing whether the current stock market—which pulled back brutally from record highs in late September, before Friday’s rally to start October—has entered such an extended topping process. But the bull market will someday come to an end, if it hasn’t already, and it’s important to review the characteristics of past tops so that you don’t manage your portfolio on the assumption that you will be able to catch the top in real time.

If a couple percent correction from record highs is "brutal," I'm not sure how to prepare for being progressively topped.

You don't catch the Top. The Top catches you.

dragoncar

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Re: Top is in
« Reply #8413 on: October 05, 2021, 09:13:12 PM »
I think we've understood the top incorrectly.

The top is not a noun, it's a progressive verb.  Or at least it is according to the WSJ today: https://www.wsj.com/articles/bull-market-end-11633129950

Quote
Of course, there is no way of knowing whether the current stock market—which pulled back brutally from record highs in late September, before Friday’s rally to start October—has entered such an extended topping process. But the bull market will someday come to an end, if it hasn’t already, and it’s important to review the characteristics of past tops so that you don’t manage your portfolio on the assumption that you will be able to catch the top in real time.

If a couple percent correction from record highs is "brutal," I'm not sure how to prepare for being progressively topped.

You don't catch the Top. The Top catches you.

Catch me outside, how bout that?

Edubb20

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Re: Top is in
« Reply #8414 on: October 06, 2021, 09:46:31 AM »
I think we've understood the top incorrectly.

The top is not a noun, it's a progressive verb.  Or at least it is according to the WSJ today: https://www.wsj.com/articles/bull-market-end-11633129950

Quote
Of course, there is no way of knowing whether the current stock market—which pulled back brutally from record highs in late September, before Friday’s rally to start October—has entered such an extended topping process. But the bull market will someday come to an end, if it hasn’t already, and it’s important to review the characteristics of past tops so that you don’t manage your portfolio on the assumption that you will be able to catch the top in real time.

If a couple percent correction from record highs is "brutal," I'm not sure how to prepare for being progressively topped.

You don't catch the Top. The Top catches you.

Catch me outside, how bout that?

I think you mean " cash me outsigh, howbowdat"

dragoncar

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Re: Top is in
« Reply #8415 on: October 06, 2021, 11:31:09 AM »
Is that what what you had said???

Fomerly known as something

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Re: Top is in
« Reply #8416 on: October 07, 2021, 07:33:54 PM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

How many US Marshals would escort the Secretary of the Treasury to walk the $1T coin over? Or would it be Secret Service?

Secret Service

dividendman

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Re: Top is in
« Reply #8417 on: October 08, 2021, 11:24:40 AM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

How many US Marshals would escort the Secretary of the Treasury to walk the $1T coin over? Or would it be Secret Service?

Secret Service

Doesn't the Treasury Department have it's own police ever since the Secret Service was re-organized under the Department of Homeland Security?

But I guess the Secret Service still does the security for cabinet members.

v8rx7guy

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Re: Top is in
« Reply #8418 on: October 08, 2021, 11:28:35 AM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

How many US Marshals would escort the Secretary of the Treasury to walk the $1T coin over? Or would it be Secret Service?

Secret Service

It wouldn't matter if someone stole it because it would be one of a kind and obviously stolen if someone ever tried to "cash it in".  Well I guess it would be about $1,000 worth of PT in melt value...  I suppose it would also give claim to someone for being the first Trillionaire.

markbike528CBX

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Re: Top is in
« Reply #8419 on: October 08, 2021, 12:13:10 PM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

How many US Marshals would escort the Secretary of the Treasury to walk the $1T coin over? Or would it be Secret Service?

Secret Service

It wouldn't matter if someone stole it because it would be one of a kind and obviously stolen if someone ever tried to "cash it in".  Well I guess it would be about $1,000 worth of PT in melt value...  I suppose it would also give claim to someone for being the first Trillionaire.
I'm already a decaTrillionare ( curtesy of an EBay Zimbabwe note).  Does this mean I need a Secret Service detail? 

dougules

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Re: Top is in
« Reply #8420 on: October 08, 2021, 12:17:15 PM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

How many US Marshals would escort the Secretary of the Treasury to walk the $1T coin over? Or would it be Secret Service?

Secret Service

It wouldn't matter if someone stole it because it would be one of a kind and obviously stolen if someone ever tried to "cash it in".  Well I guess it would be about $1,000 worth of PT in melt value...  I suppose it would also give claim to someone for being the first Trillionaire.
I'm already a decaTrillionare ( curtesy of an EBay Zimbabwe note).  Does this mean I need a Secret Service detail?

If you're a decaTrillionare now, you can now easily afford a Secret Service detail at a lot of massage parlors. 

BicycleB

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Re: Top is in
« Reply #8421 on: October 08, 2021, 03:52:01 PM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

How many US Marshals would escort the Secretary of the Treasury to walk the $1T coin over? Or would it be Secret Service?

Secret Service

It wouldn't matter if someone stole it because it would be one of a kind and obviously stolen if someone ever tried to "cash it in".  Well I guess it would be about $1,000 worth of PT in melt value...  I suppose it would also give claim to someone for being the first Trillionaire.
I'm already a decaTrillionare ( curtesy of an EBay Zimbabwe note).  Does this mean I need a Secret Service detail?

Yes, if you can find anyone willing to work for Zimbabwean notes. Alternatively you can save it in case there is a power outage during winter and you need some kindling to start a fire.

markbike528CBX

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Re: Top is in
« Reply #8422 on: October 08, 2021, 05:27:51 PM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

How many US Marshals would escort the Secretary of the Treasury to walk the $1T coin over? Or would it be Secret Service?

Secret Service

It wouldn't matter if someone stole it because it would be one of a kind and obviously stolen if someone ever tried to "cash it in".  Well I guess it would be about $1,000 worth of PT in melt value...  I suppose it would also give claim to someone for being the first Trillionaire.
I'm already a decaTrillionare ( curtesy of an EBay Zimbabwe note).  Does this mean I need a Secret Service detail?


Yes, if you can find anyone willing to work for Zimbabwean notes. Alternatively you can save it in case there is a power outage during winter and you need some kindling to start a fire.
It is a single note.  Less heat value than the EBay price equivalent in gasoline.

BicycleB

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Re: Top is in
« Reply #8423 on: October 08, 2021, 06:00:52 PM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

How many US Marshals would escort the Secretary of the Treasury to walk the $1T coin over? Or would it be Secret Service?

Secret Service

It wouldn't matter if someone stole it because it would be one of a kind and obviously stolen if someone ever tried to "cash it in".  Well I guess it would be about $1,000 worth of PT in melt value...  I suppose it would also give claim to someone for being the first Trillionaire.
I'm already a decaTrillionare ( curtesy of an EBay Zimbabwe note).  Does this mean I need a Secret Service detail?


Yes, if you can find anyone willing to work for Zimbabwean notes. Alternatively you can save it in case there is a power outage during winter and you need some kindling to start a fire.
It is a single note.  Less heat value than the EBay price equivalent in gasoline.

At least the heat value is now rising, thanks to oil prices going up. Your note is appreciating for once!

jim555

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Re: Top is in
« Reply #8424 on: October 14, 2021, 04:34:42 PM »
So is the correction over?  Up up until the end of the year.

dougules

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Re: Top is in
« Reply #8425 on: October 14, 2021, 09:48:05 PM »
So is the correction over?  Up up until the end of the year.

Come on.  You know the top is in. 

secondcor521

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Re: Top is in
« Reply #8426 on: October 14, 2021, 10:17:51 PM »
Is it Friday already?

GuitarStv

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Re: Top is in
« Reply #8427 on: October 15, 2021, 08:21:58 AM »
Is it Friday already?

Friday top is currently in for this week.

Roland of Gilead

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Re: Top is in
« Reply #8428 on: October 15, 2021, 08:55:05 AM »
Little nervous about inflation.  Inflation top is definitely NOT in.

JAYSLOL

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Re: Top is in
« Reply #8429 on: October 15, 2021, 08:56:19 AM »
So is the correction over?  Up up until the end of the year.

Nope.  Top is in.  Nothing but down down until the end of time

PDXTabs

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Re: Top is in
« Reply #8430 on: October 15, 2021, 10:41:59 AM »
So is the correction over?  Up up until the end of the year.

Nope.  Top is in.  Nothing but down down until the end of time

If you have been following the thread the top is in (possibly on Sept 2) but today is my 401k buy so we will finish up today.

Glenstache

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Re: Top is in
« Reply #8431 on: October 15, 2021, 11:06:24 AM »
Well, time for a snack to acknowledge the occasion.
https://www.toppotdoughnuts.com/

techwiz

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Re: Top is in
« Reply #8432 on: October 15, 2021, 11:32:13 AM »


Top is in!

We were at the peak nothing, but down hill from here!

dragoncar

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Re: Top is in
« Reply #8433 on: October 15, 2021, 12:24:50 PM »
Little nervous about inflation.  Inflation top is definitely NOT in.

Is the top inflation adjusted?

ChpBstrd

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Re: Top is in
« Reply #8434 on: October 15, 2021, 01:37:24 PM »
Little nervous about inflation.  Inflation top is definitely NOT in.

Is the top inflation adjusted?
Some people think so. When you pin down an inflation conspiracy theorist (i.e. those who believe the feds have been under-reporting for years, and actual inflation is like 10% per year) and show them what exactly it would look like if prices increased 7-10% a year for a decade using well-known items with a well-documented price history, and then show what prices actually were in the past, they usually change the subject to talk about shares of stock being "inflated". So if the inflation conspiracy theorists are right, then the value of companies are going up because actually the purchasing power of the dollar is going down. All data about groceries, energy, cars, services, manufactured goods, etc. are anecdotes that can be offset with other anecdotes.

These people are obviously wrong, not because of the data, but because their conclusion would mean the top is not in, when in fact it is.

the_fixer

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Re: Top is in
« Reply #8435 on: October 16, 2021, 02:08:14 PM »
I think it's similar to how the weather is beautiful during the work week but rains on the weekend here.

A higher power is just letting us know that we're not in control.

The higher power is the Top, of course

I parked my car in an open parking lot at work one time as a teenager, no trees around, just open parking lot with a bunch of other cars. When I left work my car had about 500 bird poops on it. No one else's car had bird poop on them, just my car. I knew where I stood with the higher power at that moment. Has been about 15-20 years since then and I am still bitter about it.
One time in Grand Cayman I pulled into a parking lot in a busy area every spot was filled except a couple of primo spots right up front. I thought to myself how amazing it was VIP parking right up front….

Came back a few hours later to a car covered in iguana  poop, apparently all of the local were aware that a large group of iguanas lived in the tree so no one parked in that area.

That stuff is hard to get off :(


Sent from my iPhone using Tapatalk

theolympians

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Re: Top is in
« Reply #8436 on: October 16, 2021, 02:50:47 PM »
I don't worry about the US defaulting on its debt or what that might do to my investments until I start reading headlines from serious people™ about platinum coin seigniorage as the answer to avoiding default.

How many US Marshals would escort the Secretary of the Treasury to walk the $1T coin over? Or would it be Secret Service?

Secret Service

It wouldn't matter if someone stole it because it would be one of a kind and obviously stolen if someone ever tried to "cash it in".  Well I guess it would be about $1,000 worth of PT in melt value...  I suppose it would also give claim to someone for being the first Trillionaire.

Funny, if a $1T coin were stolen no one could use it. If you obtained it in a legit manner, no one could give you change for anything and you wouldn't be able to spend it. The only way around that is to mint tens of thousands of them so they could be used......Inflation in a nutshell. I shouldn't post this or the big brains might grab that as an idea...

"If one, why not ten????? Or more???? Everyone would be rich!"

JAYSLOL

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Re: Top is in
« Reply #8437 on: October 16, 2021, 06:57:34 PM »
So is the correction over?  Up up until the end of the year.

Nope.  Top is in.  Nothing but down down until the end of time

If you have been following the thread the top is in (possibly on Sept 2) but today is my 401k buy so we will finish up today.

Oh I’ve been following this thread alright.  My profile picture was born here many years ago

Mr. Green

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Re: Top is in
« Reply #8438 on: October 20, 2021, 07:55:21 AM »
S&P 500 is within 5 points of all-time high. I smell a Highday Friday this week!

BigMoneyJim

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Re: Top is in
« Reply #8439 on: October 20, 2021, 07:59:43 AM »
October was in early; I guess it's leaving early, too?

secondcor521

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Re: Top is in
« Reply #8440 on: October 20, 2021, 11:05:37 AM »
S&P 500 is within 5 points of all-time high. I smell a Highday Friday this week!

The way things are going, Wednesdays may be the new Fridays.

maizefolk

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Re: Top is in
« Reply #8441 on: October 20, 2021, 11:24:21 AM »
If Wednesdays are the new Fridays, does that make Thursdays the new Saturdays? Because I could get behind that.

dandarc

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Re: Top is in
« Reply #8442 on: October 20, 2021, 12:02:26 PM »
If Wednesdays are the new Fridays, does that make Thursdays the new Saturdays? Because I could get behind that.
Since May 1, Wednesday is my Friday. Thursday is indeed the new Saturday. Except for college football - that's still on the old Saturday. So I get two Saturdays every week, and I'd recommend you set this up for yourself if at all possible.

BigMoneyJim

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Re: Top is in
« Reply #8443 on: October 20, 2021, 12:21:57 PM »
I'm retired, so Mondays are just Fridays with lighter traffic everywhere.

DadJokes

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Re: Top is in
« Reply #8444 on: October 20, 2021, 02:37:10 PM »
If Wednesdays are the new Fridays, does that make Thursdays the new Saturdays? Because I could get behind that.
Since May 1, Wednesday is my Friday. Thursday is indeed the new Saturday. Except for college football - that's still on the old Saturday. So I get two Saturdays every week, and I'd recommend you set this up for yourself if at all possible.

I'm aiming for seven Saturdays.

secondcor521

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Re: Top is in
« Reply #8445 on: October 20, 2021, 02:44:05 PM »
If Wednesdays are the new Fridays, does that make Thursdays the new Saturdays? Because I could get behind that.
Since May 1, Wednesday is my Friday. Thursday is indeed the new Saturday. Except for college football - that's still on the old Saturday. So I get two Saturdays every week, and I'd recommend you set this up for yourself if at all possible.

I'm aiming for seven Saturdays.

Remember, you'd have to alternate with all-time high Wednesdays.  So your weeks would have to be 14 days long.  Which I guess is OK.  #fortnighttopisin

PDXTabs

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Re: Top is in
« Reply #8446 on: October 20, 2021, 02:45:53 PM »
If Wednesdays are the new Fridays, does that make Thursdays the new Saturdays? Because I could get behind that.
Since May 1, Wednesday is my Friday. Thursday is indeed the new Saturday. Except for college football - that's still on the old Saturday. So I get two Saturdays every week, and I'd recommend you set this up for yourself if at all possible.

I'm aiming for seven Saturdays.

Remember, you'd have to alternate with all-time high Wednesdays.  So your weeks would have to be 14 days long.  Which I guess is OK.  #fortnighttopisin

Thursday is ladies night #drinktillthetopisin.

techwiz

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Re: Top is in
« Reply #8447 on: October 20, 2021, 04:02:29 PM »
#drinktillthetopisin.

The top is in!   

The drinking should be part of another thread maybe the.... 


ChpBstrd

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Re: Top is in
« Reply #8448 on: October 21, 2021, 08:05:06 AM »
#drinktillthetopisin.

The top is in!   

The drinking should be part of another thread maybe the.... 

If you make The Top Is In into a drinking game, someone is likely to end up in the hospital.

Mr. Green

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Re: Top is in
« Reply #8449 on: October 21, 2021, 09:11:38 AM »
Closed less than one point from the all-time high yesterday. Market slightly negative so far today. It would indeed appear that top was in...for now.