Author Topic: Top is in  (Read 1244075 times)

Exflyboy

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Re: Top is in
« Reply #5300 on: November 20, 2019, 12:38:28 PM »
Hey I re-balanced yesterday.. Except I didn't cus our asset allocation was about a perfect 75/25.

Should have made it 60/40.. damnit!..:)

Chris @ Saturday Financial

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Re: Top is in
« Reply #5301 on: November 20, 2019, 01:20:27 PM »
I hereby predict, boldy and with great conviction, that yesterday was a top that will last a minimum of one full trading day.

The market has less than an hour to prove me wrong. If any CNBC or Yahoo Finance journalists want to interview me as a market expert, I have a garden-variety of predictions for the next 24 hours of trading. Just shoot me a DM.

dragoncar

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Re: Top is in
« Reply #5302 on: November 20, 2019, 03:34:08 PM »
OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Maenad

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Re: Top is in
« Reply #5303 on: November 20, 2019, 04:01:17 PM »
OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Beans on top of the rice, of course. Any other way is blasphemy.

mies

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Re: Top is in
« Reply #5304 on: November 20, 2019, 04:17:21 PM »
OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Beans on top of the rice, of course. Any other way is blasphemy.

You let your rice touch your beans? You monster!!!!

Brother Esau

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Re: Top is in
« Reply #5305 on: November 20, 2019, 04:23:25 PM »
Of course the beans go on "TOP" of the rice

dougules

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Re: Top is in
« Reply #5306 on: November 21, 2019, 10:17:47 AM »
OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Beans on top of the rice, of course. Any other way is blasphemy.

You let your rice touch your beans? You monster!!!!

https://en.wikipedia.org/wiki/Gallo_pinto

solon

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Re: Top is in
« Reply #5307 on: November 21, 2019, 02:15:48 PM »

mies

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Re: Top is in
« Reply #5308 on: November 21, 2019, 02:37:14 PM »
OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Beans on top of the rice, of course. Any other way is blasphemy.

You let your rice touch your beans? You monster!!!!

https://en.wikipedia.org/wiki/Gallo_pinto

Heresy!!!! :D

dragoncar

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Re: Top is in
« Reply #5309 on: November 21, 2019, 08:13:09 PM »
OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Beans on top of the rice, of course. Any other way is blasphemy.

You let your rice touch your beans? You monster!!!!

https://en.wikipedia.org/wiki/Gallo_pinto

Heresy!!!! :D

So no tacu tacu?

mies

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Re: Top is in
« Reply #5310 on: November 22, 2019, 03:40:33 AM »
OK fun is over.. Market is tanking.. Rice and beans, beans and rice..:)

The age old question:

Does the rice go on top of the beans or do the beans top the rice?

Beans on top of the rice, of course. Any other way is blasphemy.

You let your rice touch your beans? You monster!!!!

https://en.wikipedia.org/wiki/Gallo_pinto

Heresy!!!! :D

So no tacu tacu?

Did you have to ask? :D

Picky eater joke Top is in!

UnleashHell

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Re: Top is in
« Reply #5311 on: November 22, 2019, 07:47:28 AM »

Heresy!!!! :D

Is that like infamy?

Infamy, infamy, they've all got it infamy.

aboatguy

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Re: Top is in
« Reply #5312 on: November 25, 2019, 07:57:24 AM »
A new top today!    Wasn't the top already in?

DadJokes

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Re: Top is in
« Reply #5313 on: November 25, 2019, 07:59:43 AM »
A new top today!    Wasn't the top already in?

Looks like we're 0.04 short of a new top. So the top was already in.

Exflyboy

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Re: Top is in
« Reply #5314 on: November 25, 2019, 09:49:42 AM »
A new top today!    Wasn't the top already in?

Looks like we're 0.04 short of a new top. So the top was already in.

Not anymore... but it is now.. 3130 something?

aboatguy

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Re: Top is in
« Reply #5315 on: November 25, 2019, 03:37:17 PM »
once again the three tops are in

aboatguy

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Re: Top is in
« Reply #5316 on: November 25, 2019, 03:50:35 PM »


28066.47              8632.49        3133.64
Dow                      NASDAQ        SP500


New tops are in  Ö..

Chris @ Saturday Financial

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Re: Top is in
« Reply #5317 on: November 25, 2019, 05:44:40 PM »


28066.47              8632.49        3133.64
Dow                      NASDAQ        SP500


New tops are in  Ö..

Wait... there are multiple tops? Just when I thought I had this market thing figured out...

Brother Esau

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Re: Top is in
« Reply #5318 on: November 25, 2019, 06:12:20 PM »
Today is the TOP

S&P @ 3,113.64

Mark it on your calendars

Sell all equities and buy bonds

Thank me (and Thorstach) later

dragoncar

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Re: Top is in
« Reply #5319 on: November 26, 2019, 02:49:12 AM »
Happy top day

Fomerly known as something

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Re: Top is in
« Reply #5320 on: November 26, 2019, 09:02:04 AM »


More tops are in.

Kalergie

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Re: Top is in
« Reply #5321 on: November 26, 2019, 09:26:21 AM »
I wonder if the "bottom is in" thread will be as chipper as this one.

wienerdog

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Re: Top is in
« Reply #5322 on: November 26, 2019, 09:35:30 AM »
Today is the TOP

S&P @ 3,113.64

Mark it on your calendars

Sell all equities and buy bonds

Thank me (and Thorstach) later

Until the S&P @ 3138.39 today so the Top wasn't in.  Buy now to take advantage of the Santa Claus rally.

Maenad

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Re: Top is in
« Reply #5323 on: November 26, 2019, 09:41:17 AM »
I wonder if the "bottom is in" thread will be as chipper as this one.

The ones we've had (Feb-Mar 2018 and Oct-Dec 2018) were a little whistling-past-the-graveyard, but it was similarly irreverent and accepting of the fact that none of us have a working crystal ball.

But the Top of the Bottom-is-In was almost a year ago, the Bottom is all downhill from here. Or something.

aboatguy

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Re: Top is in
« Reply #5324 on: November 26, 2019, 04:27:23 PM »


28066.47              8632.49        3133.64
Dow                      NASDAQ        SP500


New tops are in  Ö..


Wait... there are multiple tops? Just when I thought I had this market thing figured out...
It gets worse three new tops....
28121.68               8647.93        3140.52
Dow                      NASDAQ        SP500


It may be down hill from here, or uphill

Glenstache

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Re: Top is in
« Reply #5325 on: November 26, 2019, 04:47:02 PM »

ScreamingHeadGuy

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Re: Top is in
« Reply #5326 on: November 26, 2019, 08:33:59 PM »
Top was in on Friday so I rebalanced our accounts, and now there is a NEW top?!  Have I been lied to?

(Seriously I just wanted to do my rebalancing and account maintenance before the long weekend.)

Mr. Green

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Re: Top is in
« Reply #5327 on: November 27, 2019, 03:00:20 PM »
The tippiest of the tops o' the evening to Yas!

solon

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Re: Top is in
« Reply #5328 on: November 27, 2019, 03:12:02 PM »

dragoncar

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Re: Top is in
« Reply #5329 on: November 27, 2019, 10:45:10 PM »

techwiz

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Re: Top is in
« Reply #5330 on: November 28, 2019, 12:01:12 PM »
ďTake The Red Pill, And Iíll Show You How Deep The Rabbit Hole Goes.Ē

Phenix

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Re: Top is in
« Reply #5331 on: December 03, 2019, 06:09:19 AM »
Whenever I see the market is having a couple down days, I get excited to see what acronym thorstach will come up with next

aboatguy

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Re: Top is in
« Reply #5332 on: December 03, 2019, 08:04:23 AM »
The post Turkeyday Trump Tweet selloff has begun.....Where is Thorstach to help guide us?

Wintergreen78

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Re: Top is in
« Reply #5333 on: December 03, 2019, 09:34:24 AM »
This article by a respected market timer says the top isnít in. https://www.marketwatch.com/story/jump-onto-this-bull-market-now-and-ride-stocks-to-new-2020-highs-2019-12-03?mod=investing

The market will (probably) go up more before it goes down a lot. Except it may go down anywhere between 4% and 8% before it goes up then goes down a lot again. But if it does go down between 4% and 8%, and then goes up, and then goes down a lot, he doesnít say how much is up or how much is down a lot.

So, based on this breaking news, I think we can close this thread and say for sure that the top is not in yet. The market timer is well-respected and he says so.

OurTown

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Re: Top is in
« Reply #5334 on: December 03, 2019, 12:46:52 PM »
^ That was very informative, thanks.  ^

dragoncar

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Re: Top is in
« Reply #5335 on: December 03, 2019, 12:50:24 PM »
^ That was very informative, thanks.  ^

Iím in, thanks.  At least until thorstach posts again.

OurTown

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Re: Top is in
« Reply #5336 on: December 03, 2019, 12:51:39 PM »
Where is ole thorstach, anyway?  Can we put up a bat signal or something?

markbike528CBX

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Re: Top is in
« Reply #5337 on: December 03, 2019, 01:50:08 PM »
Where is ole thorstach, anyway?  Can we put up a bat signal or something?

We pray O Great @thorstach, for your continuing revelations and wisdom.

Done, that was easy.

aspiringnomad

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Re: Top is in
« Reply #5338 on: December 03, 2019, 09:33:13 PM »
The post Turkeyday Florida Man Tweet selloff has begun.....Where is Thorstach to help guide us?

Breaking News: Florida Man Tweets Top Is In


Brother Esau

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Re: Top is in
« Reply #5339 on: December 04, 2019, 04:22:05 PM »

mies

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Re: Top is in
« Reply #5340 on: December 04, 2019, 04:25:55 PM »
This just happened:

https://www.investopedia.com/terms/b/blowofftop.asp

This sounds suspiciously similar to the melt up from a couple of years ago. I'm starting to think these chart guys are blowing smoke up my ass.

Brother Esau

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Re: Top is in
« Reply #5341 on: December 04, 2019, 04:29:46 PM »
This just happened:

https://www.investopedia.com/terms/b/blowofftop.asp

This sounds suspiciously similar to the melt up from a couple of years ago. I'm starting to think these chart guys are blowing smoke up my ass.

More confirmation that "Top Is In!" (just as holy thorstach predicted in April '17)
« Last Edit: December 04, 2019, 05:02:20 PM by Brother Esau »

Maenad

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Re: Top is in
« Reply #5342 on: December 05, 2019, 05:20:25 AM »
This just happened:

https://www.investopedia.com/terms/b/blowofftop.asp

This sounds suspiciously similar to the melt up from a couple of years ago. I'm starting to think these chart guys are blowing smoke up my ass.

The description definitely reminds me of the weird XIV speculation that happened in January 2018. That was seriously effed up.

Brother Esau

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Re: Top is in
« Reply #5343 on: December 06, 2019, 07:56:32 AM »
Unemployment at 3.5%. Lowest since 1969. Now the TOP is in.

dragoncar

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Re: Top is in
« Reply #5344 on: December 07, 2019, 12:51:12 PM »
Last year should have been the top.  But something has changed

(https://www.bloomberg.com/amp/news/articles/2019-12-07/s-p-500-melt-up-is-so-hot-it-s-making-cheerleaders-into-skeptics)

Look at 2000, 2008, and 2018. 

FEAR IS BACK

blue_green_sparks

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Re: Top is in
« Reply #5345 on: December 08, 2019, 07:47:47 AM »
I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

TomTX

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Re: Top is in
« Reply #5346 on: December 08, 2019, 08:28:52 AM »
I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

Market timing! That's the ticket!*

*To dramatically underperforming the market indices.

blue_green_sparks

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Re: Top is in
« Reply #5347 on: December 08, 2019, 10:54:42 AM »
I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

Market timing! That's the ticket!*

*To dramatically underperforming the market indices.

*Never had that problem. I have done very, very well with individual companies that I am knowledgeable about (long term) alongside US/global index funds, sector funds and fixed income and I retired 6 years ahead of schedule. If stocks go up 15% in 2020 I will reap 12.5%. If they tank 15% I will only be down 7% and have liquidity to pounce when buying is good.

dragoncar

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Re: Top is in
« Reply #5348 on: December 08, 2019, 12:54:29 PM »
I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

Market timing! That's the ticket!*

*To dramatically underperforming the market indices.

*Never had that problem. I have done very, very well with individual companies that I am knowledgeable about (long term) alongside US/global index funds, sector funds and fixed income and I retired 6 years ahead of schedule. If stocks go up 15% in 2020 I will reap 12.5%. If they tank 15% I will only be down 7% and have liquidity to pounce when buying is good.

Exactly.  Some people just donít understand that those with extreme skill can beat the odds.  I have personally done very well at the craps table, both with individual point numbers and broader pass/no pass sectors.  With my excess cash, I am way ahead of schedule on steak dinners.

frugalnacho

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Re: Top is in
« Reply #5349 on: December 09, 2019, 07:30:26 AM »
I am willing to stay in the market and pay for mechanisms to limit my downside losses. I am already retired, not a lot of alternatives to equities. I did find a 5yr 3.3% APY IRA Insured CD a few months ago. Perhaps the key to 2020 is to be less in broad indexes and pay attention to sectors and individual stocks even.

Market timing! That's the ticket!*

*To dramatically underperforming the market indices.

*Never had that problem. I have done very, very well with individual companies that I am knowledgeable about (long term) alongside US/global index funds, sector funds and fixed income and I retired 6 years ahead of schedule. If stocks go up 15% in 2020 I will reap 12.5%. If they tank 15% I will only be down 7% and have liquidity to pounce when buying is good.

Exactly.  Some people just donít understand that those with extreme skill can beat the odds.  I have personally done very well at the craps table, both with individual point numbers and broader pass/no pass sectors.  With my excess cash, I am way ahead of schedule on steak dinners.

I used to work with a guy that would swear up and down that he could beat the house at craps.  He was apparently a very skilled craps player.  The argument that he was mid 40's, living in his mother's basement, and washing dishes at a grocery store working alongside a teenage me wasn't enough to break the delusion that he could make money at craps.