Author Topic: Top is in  (Read 2302962 times)

EscapeVelocity2020

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Re: Top is in
« Reply #9150 on: May 08, 2022, 08:55:37 PM »
Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check.

Recession is in

Random Thorstach visit top is in!

farmecologist

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Re: Top is in
« Reply #9151 on: May 09, 2022, 07:42:20 AM »
Recession is in

Well played sir...well played.

MustacheAndaHalf

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Re: Top is in
« Reply #9152 on: May 09, 2022, 07:50:05 AM »
Recession is in
Where were you in December 2021?  You need to do a retroactive top is in.

talltexan

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Re: Top is in
« Reply #9153 on: May 09, 2022, 12:20:31 PM »
S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Some people think that the market went up because they ruled out any 0.75% rises.

I don't get this panicking over increasing rates. If any business can't survive because it costs 1/2 percent more to borrow money then it doesn't deserve to stay in business anyway!

I think we have a labor organizer here.

Exflyboy

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Re: Top is in
« Reply #9154 on: May 09, 2022, 11:30:04 PM »
I think we have to admit that Thorstache is right this time!

techwiz

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Re: Top is in
« Reply #9155 on: May 10, 2022, 06:06:14 AM »
I think we have to admit that Thorstache is right this time!


There was never any doubt that Thorstache was right all along. The top is in!

sonofsven

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Re: Top is in
« Reply #9156 on: May 10, 2022, 09:06:53 AM »
Did I miss the top? Dammit! I always forget to read my horoscope on my birthday, too

GuitarStv

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Re: Top is in
« Reply #9157 on: May 10, 2022, 09:07:41 AM »
Does the choice have to be red or blue?  I've been taking yellow pills for a while now . . .

techwiz

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Re: Top is in
« Reply #9158 on: May 10, 2022, 09:50:04 AM »
Does the choice have to be red or blue?  I've been taking yellow pills for a while now . . .

I wouldn't want to limit anyone's choices. You do you! ;)




P.S. Top is in!

ChpBstrd

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Re: Top is in
« Reply #9159 on: May 10, 2022, 10:47:34 AM »
Is the red pill / blue pill thing a metaphor about following either the Top Is In thread or the Bottom Is In thread?

Which is the painful truth and which is the blissful illusion? I need someone from the internet to tell me these things.

dragoncar

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Re: Top is in
« Reply #9160 on: May 10, 2022, 04:38:37 PM »
It’s like the age old saying goes:

Even a broken clock is right top is in

PDXTabs

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Re: Top is in
« Reply #9161 on: May 10, 2022, 05:56:03 PM »
Is the red pill / blue pill thing a metaphor about following either the Top Is In thread or the Bottom Is In thread?

Which is the painful truth and which is the blissful illusion? I need someone from the internet to tell me these things.

Oil is down, Dow is down, bonds are up, Nasdaq is up, SP-500 is up. I don't even know which thread to post in.

Exflyboy

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Re: Top is in
« Reply #9162 on: May 10, 2022, 07:15:09 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

zolotiyeruki

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Re: Top is in
« Reply #9163 on: May 10, 2022, 08:45:29 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?
Well, I'm still in the accumulation phase (which just got longer over the past couple weeks :) ), so I'm still just DCA'ing every couple weeks...

PDXTabs

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Re: Top is in
« Reply #9164 on: May 10, 2022, 09:07:01 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

My 401k buy is Friday, which I assume means that the market will be up.

markbike528CBX

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Re: Top is in
« Reply #9165 on: May 10, 2022, 11:40:14 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

As I'm in the withdrawal phase, I don't have much cash, but I'm in.

I did go all in at 20% down in September 2008.   Watching the further drop was painful, but I kept throwing new cash in until I ran out (but still kept 401k DCAing).
Last major buy was February 2009 1 share of BRK.B at $2400, mostly for the shareholder's meeting badge.

Retired now, so it seems to have worked out OK.

GuitarStv

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Re: Top is in
« Reply #9166 on: May 11, 2022, 07:13:07 AM »
My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

secondcor521

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Re: Top is in
« Reply #9167 on: May 11, 2022, 07:49:28 AM »
My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

Hall11235

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Re: Top is in
« Reply #9168 on: May 11, 2022, 10:04:04 AM »
It’s like the age old saying goes:

Even a broken clock is right top is in

I'm not sure why, but this had me guffawing loudly in my cubicle. Getting strange looks about it now.

ChpBstrd

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Re: Top is in
« Reply #9169 on: May 11, 2022, 11:03:18 AM »
My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

In that case @secondcor521 the top was indeed in.


https://yhoo.it/3MdbyMs

MustacheAndaHalf

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Re: Top is in
« Reply #9170 on: May 11, 2022, 12:37:29 PM »
[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.
@secondcor521 you holding leveraged (3x?) inverse ETFs for over 5 years strikes me as a unique perspective.  Have you brought it up anywhere else, where it could be a separate discussion?

dragoncar

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Re: Top is in
« Reply #9171 on: May 11, 2022, 12:52:34 PM »
[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.
@secondcor521 you holding leveraged (3x?) inverse ETFs for over 5 years strikes me as a unique perspective.  Have you brought it up anywhere else, where it could be a separate discussion?

I believe he’s as serious as this thread… in other words deadly serious

GuitarStv

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Re: Top is in
« Reply #9172 on: May 11, 2022, 01:16:49 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .

Glenstache

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Re: Top is in
« Reply #9173 on: May 11, 2022, 01:42:12 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .
I'm 80% into FETTs. All Star Wars action figures in original wrapping. You can tell Jabba I've invested his money.

secondcor521

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Re: Top is in
« Reply #9174 on: May 11, 2022, 02:11:17 PM »
[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.
@secondcor521 you holding leveraged (3x?) inverse ETFs for over 5 years strikes me as a unique perspective.  Have you brought it up anywhere else, where it could be a separate discussion?

I believe he’s as serious as this thread… in other words deadly serious

Well, I didn't want to talk about it because actually what happened was I took out a 30 year fixed rate mortgage on my house and maxxed out a HELOC on April 1, 2017.  It took 10 days for the funds to settle, which is when I invested into SQQQ.  (Lucky guess, @ChpBstrd!)

Still trying to figure out what to do with my tulip bulb and Beanie Baby collections.

Just embarrassed by all my success and didn't want to top is in.
« Last Edit: May 11, 2022, 02:26:05 PM by secondcor521 »

MustacheAndaHalf

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Re: Top is in
« Reply #9175 on: May 11, 2022, 02:24:45 PM »
[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.
@secondcor521 you holding leveraged (3x?) inverse ETFs for over 5 years strikes me as a unique perspective.  Have you brought it up anywhere else, where it could be a separate discussion?
I believe he’s as serious as this thread… in other words deadly serious
Check the date of the original post in this thread and compare it with my post above.

(Alternatively, check my journal and any post where I mention my actual AA.  I've been LTBH at least 90% US low-cost index broadly diversified funds since 1987 in actual fact, and currently am at 98/2.)
Oh well, my search for a like minded investor continues - even in joke threads.  I guess enough people dislike ARKK that I can mention one of my inverse ETFs: SARK, which is up +30% or so in the past 5 days.  I joke about the top being in - but I've actually invested in the top being in.
( thorstach - Are you invested in inverse ETFs? )

2Birds1Stone

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Re: Top is in
« Reply #9176 on: May 11, 2022, 04:44:58 PM »
VTI kissed the bear today, but closed a quarter higher. Shit is about to get very interesting.  We'll see soon enough who can HODL and who will break.

dragoncar

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Re: Top is in
« Reply #9177 on: May 11, 2022, 05:19:03 PM »
( thorstach - Are you invested in inverse ETFs? )

Are you being willfully obtuse? Thorstach has been posting from a prepper cave.  He doesn’t trust brokerage firms with his lentils

PDXTabs

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Re: Top is in
« Reply #9178 on: May 11, 2022, 06:05:38 PM »
VTI kissed the bear today, but closed a quarter higher. Shit is about to get very interesting.  We'll see soon enough who can HODL and who will break.

HODL is my favorite game.

💎🙌

Kiss the bear.
« Last Edit: May 11, 2022, 06:07:38 PM by PDXTabs »

v8rx7guy

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Re: Top is in
« Reply #9179 on: May 11, 2022, 08:43:25 PM »
I think we pass kissing and get to 3rd base with the bear tomorrow

MustacheAndaHalf

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Re: Top is in
« Reply #9180 on: May 12, 2022, 06:53:38 AM »
( thorstach - Are you invested in inverse ETFs? )
Are you being willfully obtuse? Thorstach has been posting from a prepper cave.  He doesn’t trust brokerage firms with his lentils
Refresh my memory which lentil preparing prepper cave dwellers post like this:

Nasdaq top is in

On Aug 19 2021, QQQ closed at 362.64 after thorstach's post.  QQQ closed at $291.84 yesterday, or -20% down from his "top is in" comment.  He didn't hit the 52 week high of $408.71, but that prediction is certainly better than the stubborn buy-the-dippers I see on reddit.

With inverse ETFs, the drops are profitable... so I guess you could summarize my investment approach as "the top is still in"

Exflyboy

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Re: Top is in
« Reply #9181 on: May 12, 2022, 08:22:00 AM »
I think we pass kissing and get to 3rd base with the bear tomorrow

I might be buying some VTSAX today.

EscapeVelocity2020

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Re: Top is in
« Reply #9182 on: May 12, 2022, 09:42:25 AM »
I think we pass kissing and get to 3rd base with the bear tomorrow

I might be buying some VTSAX today. saying Bottom Is In!

Nothing more reassuring than someone maybe doing something with no framework whatsoever!  I might be doing something too if something happens, but I'm not sure...

tooqk4u22

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Re: Top is in
« Reply #9183 on: May 12, 2022, 09:44:22 AM »
I think we pass kissing and get to 3rd base with the bear tomorrow

I might be buying some VTSAX today. saying Bottom Is In!

Nothing more reassuring than someone maybe doing something with no framework whatsoever!  I might be doing something too if something happens, but I'm not sure...

I might be doing something sometime too....

Might be doing something top is in!

GuitarStv

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Re: Top is in
« Reply #9184 on: May 12, 2022, 09:53:39 AM »
HODL is my favorite game.

💎🙌


I hope you see a doctor and get over the diamond clap soon.  I hear it's much worse than regular gonorrhea.

Exflyboy

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Re: Top is in
« Reply #9185 on: May 12, 2022, 04:26:46 PM »
I think we pass kissing and get to 3rd base with the bear tomorrow

I might be buying some VTSAX today. saying Bottom Is In!

Nothing more reassuring than someone maybe doing something with no framework whatsoever!  I might be doing something too if something happens, but I'm not sure...

I might be doing something sometime too....

Might be doing something top is in!
\

I thought I was going to do something but I didn't!

JAYSLOL

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Re: Top is in
« Reply #9186 on: May 12, 2022, 05:56:50 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

My buy point is every second Friday

PDXTabs

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Re: Top is in
« Reply #9187 on: May 12, 2022, 08:03:09 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

My buy point is every second Friday

Mine too, tomorrow. Watch the market go up.

RunningintoFI

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Re: Top is in
« Reply #9188 on: May 12, 2022, 08:10:39 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .

One of my good friends actually quit his full time developer job to go full time into trading NFTs in late 2021...

PDXTabs

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Re: Top is in
« Reply #9189 on: May 12, 2022, 09:10:34 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .

One of my good friends actually quit his full time developer job to go full time into trading NFTs in late 2021...

How did he do?

ChpBstrd

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Re: Top is in
« Reply #9190 on: May 12, 2022, 09:15:36 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

Nope.

I buy at regular intervals, rebalancing to the allocations that my investment strategy dictates.

[Checks thread title] Not me.  I've been in triple leveraged inverse ETFs since April 11, 2017.  So far so good.

My investment strategy is NFTs to the moon . . .

One of my good friends actually quit his full time developer job to go full time into trading NFTs in late 2021...

How did he do?
I'm guessing an NFT may be all that is left of him.

zolotiyeruki

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Re: Top is in
« Reply #9191 on: May 13, 2022, 08:07:51 AM »
How did he do?
I'm guessing an NFT may be all that is left of him.
I know a guy who's quite a brilliant software engineer.  Left a FAANG to go work for a couple of crypto startups over the last couple years.  Both startups lost 90+% of their market cap within a year.  With stablecoins proving to be not-so-stable, the whole thing looks more and more like a pyramid scheme.  No assets or revenue to back the "asset".

PDXTabs

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Re: Top is in
« Reply #9192 on: May 13, 2022, 12:33:12 PM »
How did he do?
I'm guessing an NFT may be all that is left of him.
I know a guy who's quite a brilliant software engineer.  Left a FAANG to go work for a couple of crypto startups over the last couple years.  Both startups lost 90+% of their market cap within a year.  With stablecoins proving to be not-so-stable, the whole thing looks more and more like a pyramid scheme.  No assets or revenue to back the "asset".

I've worked in a couple of chaotic startups with questionable business prospects, but I've always gotten paid and learned something new.

MustacheAndaHalf

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Re: Top is in
« Reply #9193 on: May 13, 2022, 01:02:12 PM »
ARKK up +11.6% on a Friday.  Kathy Wood top is in.
https://finance.yahoo.com/quote/ARKK/

zolotiyeruki

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Re: Top is in
« Reply #9194 on: May 13, 2022, 01:35:00 PM »
How did he do?
I'm guessing an NFT may be all that is left of him.
I know a guy who's quite a brilliant software engineer.  Left a FAANG to go work for a couple of crypto startups over the last couple years.  Both startups lost 90+% of their market cap within a year.  With stablecoins proving to be not-so-stable, the whole thing looks more and more like a pyramid scheme.  No assets or revenue to back the "asset".

I've worked in a couple of chaotic startups with questionable business prospects, but I've always gotten paid and learned something new.
Yeah, I'm sure he's well-compensated, but I keep thinking "what a waste of talent."

v8rx7guy

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Re: Top is in
« Reply #9195 on: May 13, 2022, 01:41:32 PM »
ARKK up +11.6% on a Friday.  Kathy Wood top is in.
https://finance.yahoo.com/quote/ARKK/

Dead cat bounce bottom is in

2Birds1Stone

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Re: Top is in
« Reply #9196 on: May 13, 2022, 01:52:33 PM »
Definitely no bottom yet. The downward momentum is strong AF.

PDXTabs

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Re: Top is in
« Reply #9197 on: May 13, 2022, 02:23:01 PM »
Definitely no bottom yet. The downward momentum is strong AF.

What downward momentum?

Top is in!

WranglerBowman

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Re: Top is in
« Reply #9198 on: May 13, 2022, 02:24:06 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

My 401k buy is Friday, which I assume means that the market will be up.

Nailed it!  I always find myself a little pissed off when the market is up on pay day, which is my 401k buy day.  Never fails!

Exflyboy

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Re: Top is in
« Reply #9199 on: May 13, 2022, 03:20:54 PM »
My first buy point for more S&P 500 is 20% down.. who's with me?

My 401k buy is Friday, which I assume means that the market will be up.

Nailed it!  I always find myself a little pissed off when the market is up on pay day, which is my 401k buy day.  Never fails!

Yup and it never quite made the 20% down so no buy for me... Next week maybe?