Top is in

[frugalnacho]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

CAPE? P/E ratio?

If you happen to be overweight in stocks, certainly it isn't a bad time to rebalance.

I'm 60% stocks, 30% beanie babies, and 10% Topps Ken Griffey Jr. rookie cards, thanks to suggestions from this thread.

I highly recommend owning a few pogs and at least 1 decent slammer in case the dollar loses world reserve currency status.

Remember ALF?

He's back, in pog form.

[nereo]

we've got pogs again???!!!

[Travis]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

CAPE? P/E ratio?

If you happen to be overweight in stocks, certainly it isn't a bad time to rebalance.

I'm 60% stocks, 30% beanie babies, and 10% Topps Ken Griffey Jr. rookie cards, thanks to suggestions from this thread.

Your stock allocation seem a little heavy. Better put 10% into lame 1990’s comic books too. Anything by Rob Liefeld should do.

Remember when I said I sold one big hit because a movie was made?

[TomTX]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Shorting Top is in!

[Exflyboy]

Impeachment top!

[Turkey Leg]

Impeachment top!

Best top ever! Now kick the bum out!

[Monocle Money Mouth]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

CAPE? P/E ratio?

If you happen to be overweight in stocks, certainly it isn't a bad time to rebalance.

I'm 60% stocks, 30% beanie babies, and 10% Topps Ken Griffey Jr. rookie cards, thanks to suggestions from this thread.

Your stock allocation seem a little heavy. Better put 10% into lame 1990’s comic books too. Anything by Rob Liefeld should do.

Remember when I said I sold one big hit because a movie was made?

LOL :D Deadpool top is in! You have to balance that out with the stinkers he published at Image.

[Travis]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

CAPE? P/E ratio?

If you happen to be overweight in stocks, certainly it isn't a bad time to rebalance.

I'm 60% stocks, 30% beanie babies, and 10% Topps Ken Griffey Jr. rookie cards, thanks to suggestions from this thread.

Your stock allocation seem a little heavy. Better put 10% into lame 1990’s comic books too. Anything by Rob Liefeld should do.

Remember when I said I sold one big hit because a movie was made?

LOL :D Deadpool top is in! You have to balance that out with the stinkers he published at Image.

Thankfully I didn't waste much money on his Image line up since they're all rip-offs of Marvel characters with no plot.  It was a low point for Marvel that Jim Lee had to go into business with him in order to continue doing comics.

[aboatguy]

SP 3201 so another milestone broken....

[aboatguy]

Dow 28365 NASDAQ 8867 with SP 3202 if they stick the landing three new tops  if they don't stick the landing the top were in.....

[Brother Esau]

Landing stuck x 3....x 4 if you want to include the Russell 2000. This getting rich gig is kinda fun.

[solon]

Won't be long until S&P 3200! Can you feel it?

Whose your daddy?

[GuitarStv]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Hahahahahahahahahahahahahahahaahahahahahahahaha!

[Davnasty]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Hahahahahahahahahahahahahahahaahahahahahahahaha!

Hahahahaha Hehehehehe Hohohohoho

TROLOLOOOOOOOOO

[Glenstache]

Impeachment top!

Are you taking a short position on his presidency?

[JAYSLOL]

Impeachment top!

Are you taking a short position on his presidency?

I’d think taking a standing while leaning forward with chest puffed out position would be more appropriate

[aboatguy]

Landing stuck x 3....x 4 if you want to include the Russell 2000. This getting rich gig is kinda fun.

Four tops?   Bonus!

[jeromedawg]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

CAPE? P/E ratio?

If you happen to be overweight in stocks, certainly it isn't a bad time to rebalance.

I'm 60% stocks, 30% beanie babies, and 10% Topps Ken Griffey Jr. rookie cards, thanks to suggestions from this thread.

I highly recommend owning a few pogs and at least 1 decent slammer in case the dollar loses world reserve currency status.

better learn how to use that slammer well too... it's a yuuuge skill go have. invest in yourself in dire times. and maybe a Glock in case things go sour...

[ender]

I'm glad that we finally have enough invested to make this more meaningful.

TIME FOR TOP TO BE IN. GOING ALL CASH. REEEEEEEEEE.

[GuitarStv]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

CAPE? P/E ratio?

If you happen to be overweight in stocks, certainly it isn't a bad time to rebalance.

I'm 60% stocks, 30% beanie babies, and 10% Topps Ken Griffey Jr. rookie cards, thanks to suggestions from this thread.

I highly recommend owning a few pogs and at least 1 decent slammer in case the dollar loses world reserve currency status.

better learn how to use that slammer well too... it's a yuuuge skill go have. invest in yourself in dire times. and maybe a Glock in case things go sour...

Sufficient skill with the slammer obviates the need for the glock.

[aboatguy]

This morning NASDAQ   8918     SP500    3220                  DOW  28478


Top was definitely not in yesterday!

[Chris @ Saturday Financial]

This morning NASDAQ   8918     SP500    3220                  DOW  28478


Top was definitely not in yesterday!

But surely it's in today... right??

[jeromedawg]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

CAPE? P/E ratio?

If you happen to be overweight in stocks, certainly it isn't a bad time to rebalance.

I'm 60% stocks, 30% beanie babies, and 10% Topps Ken Griffey Jr. rookie cards, thanks to suggestions from this thread.

I highly recommend owning a few pogs and at least 1 decent slammer in case the dollar loses world reserve currency status.

better learn how to use that slammer well too... it's a yuuuge skill go have. invest in yourself in dire times. and maybe a Glock in case things go sour...

Sufficient skill with the slammer obviates the need for the glock.

Oh, I was going the post-apocalyptic route though...

POG dealer: "hey bro, why'd you take all my POGs bro?" ... *brandishes knife*

Me: "chill bro, this is Murica. It's just a game"

POG dealer: "nah bro... i think we definitely have a problem. I'm going to need my POGs back and I'm also gonna need yours and that slammer of yours. In fact, I may need your slamming skills too, for some future endeavors... so why don't you come with me?" ... *draws knife*

Me: "bro, I said 'chill' and easy on the knife there." ... *brandishes fully outfitted Glock 45 with laser sight, optical scope, modified 30 round magazine (yes, and in California... because none of that will matter in these times), custom grips, trigger job for easier double-taps, and 3D printed parts.*

POG dealer: "bro! sweet gun! Hey I'm late to another game but we should hang sometime!" *runs off like a wounded coyote*

Too far? Sorry, been playing too much Deus Ex Mankind Divided, Bioshock, World War Z, etc... Also, the excessive use of "bro" is because this all takes place in California.

[aboatguy]

This morning NASDAQ   8918     SP500    3220                  DOW  28478


Top was definitely not in yesterday!

But surely it's in today... right??

  Probably not!

[dragoncar]

Bro... what did I just read?

[GuitarStv]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

CAPE? P/E ratio?

If you happen to be overweight in stocks, certainly it isn't a bad time to rebalance.

I'm 60% stocks, 30% beanie babies, and 10% Topps Ken Griffey Jr. rookie cards, thanks to suggestions from this thread.

I highly recommend owning a few pogs and at least 1 decent slammer in case the dollar loses world reserve currency status.

better learn how to use that slammer well too... it's a yuuuge skill go have. invest in yourself in dire times. and maybe a Glock in case things go sour...

Sufficient skill with the slammer obviates the need for the glock.

Oh, I was going the post-apocalyptic route though...

POG dealer: "hey bro, why'd you take all my POGs bro?" ... *brandishes knife*

Me: "chill bro, this is Murica. It's just a game"

POG dealer: "nah bro... i think we definitely have a problem. I'm going to need my POGs back and I'm also gonna need yours and that slammer of yours. In fact, I may need your slamming skills too, for some future endeavors... so why don't you come with me?" ... *draws knife*

Me: "bro, I said 'chill' and easy on the knife there." ... *brandishes fully outfitted Glock 45 with laser sight, optical scope, modified 30 round magazine (yes, and in California... because none of that will matter in these times), custom grips, trigger job for easier double-taps, and 3D printed parts.*

POG dealer: "bro! sweet gun! Hey I'm late to another game but we should hang sometime!" *runs off like a wounded coyote*

Too far? Sorry, been playing too much Deus Ex Mankind Divided, Bioshock, World War Z, etc... Also, the excessive use of "bro" is because this all takes place in California.

I was picturing more:


POG dealer: "hey bro, why'd you take all my POGs bro?" ... *brandishes knife*

Me: "chill bro, this is Murica. It's just a game"

POG dealer: "nah bro... i think we definitely have a problem. I'm going to need my POGs back and I'm also gonna need yours and that slammer of yours. In fact, I may need your slamming skills too, for some future endeavors... so why don't you come with me?" ... *draws knife*

Me: "You want your POGs back???"  Slams POGs so hard that they lodge deeply into POG dealers eyeballs.  "You can keep 'em."

POG dealer: "AAAAAAAAAHHHHHHHHHHHHH"

Me: "You make a terrible pupil"

POG dealer: "AAAAAAAAAHHHHHHHHHHHHH"

Me: "You've got to keep your eyes out for that sort of thing . . . "

POG dealer: "AAAAAAAAAHHHHHHHHHHHHH"

Me: "Do you finally see the error of your ways?"

POG dealer: "AAAAAAAAAHHHHHHHHHHHHH"

Me: "You are the weakest wink."

POG dealer: "AAAAAAAAAHHHHHHHHHHHHHhhhhhhhhh"  screaming fades out as POG dealer finally succumbs to the vicious punnishment.

Crowd of observers heard to mutter something about the long foretold coming of the last of the true POGmen as you gather up your things and head off into the sunset.

[jeromedawg]

Markets are very stretched and due a correction, maybe a significant one.
I've partially hedged my portfolio by shorting S&P and FTSE100 from this level. Laugh all you want.

Based on what?

CAPE? P/E ratio?

If you happen to be overweight in stocks, certainly it isn't a bad time to rebalance.

I'm 60% stocks, 30% beanie babies, and 10% Topps Ken Griffey Jr. rookie cards, thanks to suggestions from this thread.

I highly recommend owning a few pogs and at least 1 decent slammer in case the dollar loses world reserve currency status.

better learn how to use that slammer well too... it's a yuuuge skill go have. invest in yourself in dire times. and maybe a Glock in case things go sour...

Sufficient skill with the slammer obviates the need for the glock.

Oh, I was going the post-apocalyptic route though...

POG dealer: "hey bro, why'd you take all my POGs bro?" ... *brandishes knife*

Me: "chill bro, this is Murica. It's just a game"

POG dealer: "nah bro... i think we definitely have a problem. I'm going to need my POGs back and I'm also gonna need yours and that slammer of yours. In fact, I may need your slamming skills too, for some future endeavors... so why don't you come with me?" ... *draws knife*

Me: "bro, I said 'chill' and easy on the knife there." ... *brandishes fully outfitted Glock 45 with laser sight, optical scope, modified 30 round magazine (yes, and in California... because none of that will matter in these times), custom grips, trigger job for easier double-taps, and 3D printed parts.*

POG dealer: "bro! sweet gun! Hey I'm late to another game but we should hang sometime!" *runs off like a wounded coyote*

Too far? Sorry, been playing too much Deus Ex Mankind Divided, Bioshock, World War Z, etc... Also, the excessive use of "bro" is because this all takes place in California.

I was picturing more:


POG dealer: "hey bro, why'd you take all my POGs bro?" ... *brandishes knife*

Me: "chill bro, this is Murica. It's just a game"

POG dealer: "nah bro... i think we definitely have a problem. I'm going to need my POGs back and I'm also gonna need yours and that slammer of yours. In fact, I may need your slamming skills too, for some future endeavors... so why don't you come with me?" ... *draws knife*

Me: "You want your POGs back???"  Slams POGs so hard that they lodge deeply into POG dealers eyeballs.  "You can keep 'em."

POG dealer: "AAAAAAAAAHHHHHHHHHHHHH"

Me: "You make a terrible pupil"

POG dealer: "AAAAAAAAAHHHHHHHHHHHHH"

Me: "You've got to keep your eyes out for that sort of thing . . . "

POG dealer: "AAAAAAAAAHHHHHHHHHHHHH"

Me: "Do you finally see the error of your ways?"

POG dealer: "AAAAAAAAAHHHHHHHHHHHHH"

Me: "You are the weakest wink."

POG dealer: "AAAAAAAAAHHHHHHHHHHHHHhhhhhhhhh"  screaming fades out as POG dealer finally succumbs to the vicious punnishment.

Crowd of observers heard to mutter something about the long foretold coming of the last of the true POGmen as you gather up your things and head off into the sunset.

We forgot one very important aspect of all this:
Milkman: "Can you guys just give me my fricken milk caps back? People need to drink dairy or I won't have a job anymore. Also, I'd like my day's wages of Silver Dollars back... I'm really not sure why you call them 'Slammers' and throw them at peoples' faces. I'm also very confused as to why you refer to each other as 'brothers' - clearly that's not the case." *while brandishing Glock 45*

... oh wait, did that ship already sail? Rough times we live in...

[GuitarStv]

WTF is a milk cap?  Milk comes in bags.

[ScreamingHeadGuy]

Is the top in on post-apocalyptic Pog fiction?

Tops to things I’d never thought about!

[Brother Esau]

I didn't know Canadians do there milk in bags. Had to look that one up.

[HPstache]

I didn't know Canadians do there milk in bags. Had to look that one up.

Here Inwas thinking all canadians shopped at Bellingham Coscto for their milk in regular containers?

[dragoncar]

WTF is a milk cap?  Milk comes in bags.

I get mah milk from a buckit

[GuitarStv]

WTF is a milk cap?  Milk comes in bags.

I get mah milk from a buckit

How did you get the bucket to lactate?

[aspiringnomad]

WTF is a milk cap?  Milk comes in bags.

I get mah milk from a buckit

How did you get the bucket to lactate?

Bucket nipples.

[aboatguy]

While POG top may be in Market top is not in!

[aboatguy]

[maizefolk]

Tops went bankrupt almost two years ago.

https://www.syracuse.com/news/2018/02/tops_bankruptcy_what_it_means_to_customers.html

Metaphorical implications are left as an exercise to the reader.

[dougules]

I didn't know Canadians do there milk in bags. Had to look that one up.

I learned that from the Five Iron Frenzy song "Oh, Canada"

[OurTown]

I prefer the Bob and Doug McKenzie "12 Days of Christmas" for all my Canadian trivia needs.

[Brother Esau]

Take off, you hoser!

[techwiz]

[Phenix]

[aboatguy]

Top was definitely not in...….

[dragoncar]

Top was definitely not in...….

[Brother Esau]

Top was definitely not in...….

[aboatguy]

So how far down is anyone that followed Thorstach's advice?

[Brother Esau]

So how far down is anyone that followed Thorstach's advice?

*crickets*

[BicycleB]

S&P 500, 2017 Apr 11:  2,357
S&p 500, 2019 Dec 26:  3,239

2357/3239 = 72.7%
100-72.7=27.3%

But that was THEN. Top is in now. All dollars left in the market are destined to shrivel like the leftover wrappers from a materialistic Christmas, doomed to litter the oceans in emulation of scraps of tattered plastic. Only the detritus of our overconfident spree will tell bedraggled future historians of how we met our fate.

Happy New Year!

[jeroly]

S&P 500, 2017 Apr 11:  2,357
S&p 500, 2019 Dec 26:  3,239

2357/3239 = 72.7%
100-72.7=27.3%
[...]

...and more relevantly, 3239/2357=137% - up 37% plus dividends (for a total of about 45%) in less than three years.

[pecunia]

Is 28,000 the new norm for the Dow Jones or will it fade away like a flower or an old song and leave you with nothing?