Author Topic: Top is in (Read 1595293 times)

wienerdog · « **Reply #5750 on:** February 06, 2020, 06:48:30 AM »

Fear is gone. Trump approval rating at a 20 year high. New Top set for today. Thorstach is wrong again.

Thorstach 0 Top 23

Tyson · « **Reply #5751 on:** February 06, 2020, 08:35:21 AM »

Quote from: JAYSLOL on February 05, 2020, 05:29:19 PM

Quote from: ender on February 05, 2020, 04:42:52 PM
https://www.reddit.com/r/wallstreetbets/comments/eytmj5/dont_doubt_ur_vibe/

Holy shit. What do you think the chances are he puts it all in a low fee index fund and walks away?

When someone wins big like that, the human tendency is not to lower risk, but actually increase risk. Which usually leads to poor outcomes in the (near) future.

dandarc · « **Reply #5752 on:** February 06, 2020, 08:47:42 AM »

Quote from: Tyson on February 06, 2020, 08:35:21 AM

Quote from: JAYSLOL on February 05, 2020, 05:29:19 PM
Quote from: ender on February 05, 2020, 04:42:52 PM
https://www.reddit.com/r/wallstreetbets/comments/eytmj5/dont_doubt_ur_vibe/

Holy shit. What do you think the chances are he puts it all in a low fee index fund and walks away?

When someone wins big like that, the human tendency is not to lower risk, but actually increase risk. Which usually leads to poor outcomes in the (near) future.

Case in point - if that guy didn't sell (which it doesn't look like he did based on the lack of an "I got out at the right time too" post), he was down $3-5 million the very next day depending on how you look at it. That option actually got up to $150 midday on the day of that post, so he was actually over $6 million at that point if he held on.

Still will have turned ~$125K into over $1M in a week if he gets out at the current price. Risky as hell, but it paid off big this time if he sold or sells before the option goes down again.

BicycleB · « **Reply #5753 on:** February 06, 2020, 10:30:45 AM »

Quote from: dragoncar on February 05, 2020, 03:38:58 PM

Quote from: Exflyboy on February 05, 2020, 02:05:14 PM
New record close on the S&P 500 3334.72.

Top is in.. again.

I missed 3333.33! I guess we just have to wait for 4444.44

I was wondering how to feel bad about the new top. Thanks, @dragoncar.

ExitViaTheCashRamp · « **Reply #5754 on:** February 06, 2020, 10:55:24 AM »

I think I am going to take up market timing, anytime our hero Thorstach posts I am going to buy. Hmmm... maybe that should be Thorstach timing ?

solon · « **Reply #5755 on:** February 06, 2020, 10:59:21 AM »

Quote from: ExitViaTheCashRamp on February 06, 2020, 10:55:24 AM

I think I am going to take up market timing, anytime our hero Thorstach posts I am going to buy. Hmmm... maybe that should be Thorstach timing ?

It's not thorstach timing, it's time in thorstach.

JAYSLOL · « **Reply #5756 on:** February 06, 2020, 11:53:24 AM »

Quote from: solon on February 06, 2020, 10:59:21 AM

Quote from: ExitViaTheCashRamp on February 06, 2020, 10:55:24 AM
I think I am going to take up market timing, anytime our hero Thorstach posts I am going to buy. Hmmm... maybe that should be Thorstach timing ?

It's not thorstach timing, it's time in thorstach.

And...

Xlar · « **Reply #5757 on:** February 06, 2020, 02:44:08 PM »

Quote from: dandarc on February 06, 2020, 08:47:42 AM

Quote from: Tyson on February 06, 2020, 08:35:21 AM
Quote from: JAYSLOL on February 05, 2020, 05:29:19 PM
Quote from: ender on February 05, 2020, 04:42:52 PM
https://www.reddit.com/r/wallstreetbets/comments/eytmj5/dont_doubt_ur_vibe/

Holy shit. What do you think the chances are he puts it all in a low fee index fund and walks away?

When someone wins big like that, the human tendency is not to lower risk, but actually increase risk. Which usually leads to poor outcomes in the (near) future.
Case in point - if that guy didn't sell (which it doesn't look like he did based on the lack of an "I got out at the right time too" post), he was down $3-5 million the very next day depending on how you look at it. That option actually got up to $150 midday on the day of that post, so he was actually over $6 million at that point if he held on.

Still will have turned ~$125K into over $1M in a week if he gets out at the current price. Risky as hell, but it paid off big this time if he sold or sells before the option goes down again.

And even crazier, he did it in a Roth so no taxes!

aboatguy · « **Reply #5758 on:** February 06, 2020, 03:46:36 PM »

DOW, SP500 and NASDAQ are up again...….. TOP is in for 2/6/2020...

Exflyboy · « **Reply #5759 on:** February 07, 2020, 01:30:26 PM »

Yup.. That was then.. This is now.

Monerexia · « **Reply #5760 on:** February 07, 2020, 03:33:17 PM »

Quote from: Exflyboy on February 07, 2020, 01:30:26 PM

Yup.. That was then.. This is now.

fear is back.

Brother Esau · « **Reply #5761 on:** February 07, 2020, 04:37:59 PM »

Quote from: Monerexia on February 07, 2020, 03:33:17 PM

Quote from: Exflyboy on February 07, 2020, 01:30:26 PM
Yup.. That was then.. This is now.

fear is back.

ABC is breaking down. XYZ to follow.

ApacheStache · « **Reply #5762 on:** February 07, 2020, 05:52:33 PM »

Quote from: Steeze on February 05, 2020, 05:12:51 PM

Quote from: ender on February 05, 2020, 04:42:52 PM
https://www.reddit.com/r/wallstreetbets/comments/eytmj5/dont_doubt_ur_vibe/

This is gold.

Yup, fair to say that just made my week. Thanks for sharing Ender.

ender · « **Reply #5763 on:** February 07, 2020, 07:35:06 PM »

Quote from: dandarc on February 06, 2020, 08:47:42 AM

Quote from: Tyson on February 06, 2020, 08:35:21 AM
Quote from: JAYSLOL on February 05, 2020, 05:29:19 PM
Quote from: ender on February 05, 2020, 04:42:52 PM
https://www.reddit.com/r/wallstreetbets/comments/eytmj5/dont_doubt_ur_vibe/

Holy shit. What do you think the chances are he puts it all in a low fee index fund and walks away?

When someone wins big like that, the human tendency is not to lower risk, but actually increase risk. Which usually leads to poor outcomes in the (near) future.
Case in point - if that guy didn't sell (which it doesn't look like he did based on the lack of an "I got out at the right time too" post), he was down $3-5 million the very next day depending on how you look at it. That option actually got up to $150 midday on the day of that post, so he was actually over $6 million at that point if he held on.

Still will have turned ~$125K into over $1M in a week if he gets out at the current price. Risky as hell, but it paid off big this time if he sold or sells before the option goes down again.

https://www.reddit.com/r/wallstreetbets/comments/ezwbve/reports_of_my_death_have_been_greatly_exaggerated/

Who knows if it's someone trolling or not but it's pretty hilarious either way.

Monerexia · « **Reply #5764 on:** February 07, 2020, 09:55:53 PM »

Quote from: Brother Esau on February 07, 2020, 04:37:59 PM

Quote from: Monerexia on February 07, 2020, 03:33:17 PM
Quote from: Exflyboy on February 07, 2020, 01:30:26 PM
Yup.. That was then.. This is now.

fear is back.

ABC is breaking down. XYZ to follow.

earnings will be a reality check. :(

dragoncar · « **Reply #5765 on:** February 07, 2020, 09:58:11 PM »

Quote from: Monerexia on February 07, 2020, 09:55:53 PM

Quote from: Brother Esau on February 07, 2020, 04:37:59 PM
Quote from: Monerexia on February 07, 2020, 03:33:17 PM
Quote from: Exflyboy on February 07, 2020, 01:30:26 PM
Yup.. That was then.. This is now.

fear is back.

ABC is breaking down. XYZ to follow.

earnings will be a reality check. :(

Final reality check is in

Roland of Gilead · « **Reply #5766 on:** February 07, 2020, 10:18:27 PM »

I placed a small wager on a local maxima. I purchased 100 SPY $325 puts for $3.40 today, expiring March 20

Essentially controlling $3,250,000 of stock with $34,000.

Just on a gut feeling that the economic impact from the virus hasn't been priced in (yeah I know everything is priced in, except when it isn't).

I am probably out at a 5% dip in the market, which would make about $70,000 profit.

BigMoneyJim · « **Reply #5767 on:** February 08, 2020, 07:10:35 AM »

r/TopIsInBets

ender · « **Reply #5768 on:** February 08, 2020, 07:51:12 AM »

Quote from: BigMoneyJim on February 08, 2020, 07:10:35 AM

r/TopIsInBets

Oh man this would make this thread more epic

TomTX · « **Reply #5769 on:** February 08, 2020, 01:32:09 PM »

Quote from: vand on February 05, 2020, 02:34:36 AM

Yes it is market timing, and market timing isn't for most people on here, but it is for some of us, so why scoff?

Because this has been a thread dedicated to scoffing at market timing literally for years?

Wintergreen78 · « **Reply #5770 on:** February 08, 2020, 03:55:32 PM »

Quote from: TomTX on February 08, 2020, 01:32:09 PM

Quote from: vand on February 05, 2020, 02:34:36 AM
Yes it is market timing, and market timing isn't for most people on here, but it is for some of us, so why scoff?

Because this has been a thread dedicated to scoffing at market timing literally for years?

Wait! Is this thread scoffing at market timing? I’ve been using it to decide when to buy and sell stocks. Nobody told me that everyone was being facetious.

TomTX · « **Reply #5771 on:** February 08, 2020, 04:46:50 PM »

Quote from: Wintergreen78 on February 08, 2020, 03:55:32 PM

Quote from: TomTX on February 08, 2020, 01:32:09 PM
Quote from: vand on February 05, 2020, 02:34:36 AM
Yes it is market timing, and market timing isn't for most people on here, but it is for some of us, so why scoff?

Because this has been a thread dedicated to scoffing at market timing literally for years?

Wait! Is this thread scoffing at market timing? I’ve been using it to decide when to buy and sell stocks. Nobody told me that everyone was being facetious.

Well, darn. Was I supposed to keep that quiet?

jeroly · « **Reply #5772 on:** February 08, 2020, 09:19:03 PM »

Quote from: Wintergreen78 on February 08, 2020, 03:55:32 PM

Quote from: TomTX on February 08, 2020, 01:32:09 PM
Quote from: vand on February 05, 2020, 02:34:36 AM
Yes it is market timing, and market timing isn't for most people on here, but it is for some of us, so why scoff?

Because this has been a thread dedicated to scoffing at market timing literally for years?

Wait! Is this thread scoffing at market timing? I’ve been using it to decide when to buy and sell stocks. Nobody told me that everyone was being facetious.

If you’ve been using Thorstach posts as buy signals, I would guess that you’ve done pretty well.

Monerexia · « **Reply #5773 on:** February 08, 2020, 09:41:59 PM »

Quote from: jeroly on February 08, 2020, 09:19:03 PM

Quote from: Wintergreen78 on February 08, 2020, 03:55:32 PM
Quote from: TomTX on February 08, 2020, 01:32:09 PM
Quote from: vand on February 05, 2020, 02:34:36 AM
Yes it is market timing, and market timing isn't for most people on here, but it is for some of us, so why scoff?

Because this has been a thread dedicated to scoffing at market timing literally for years?

Wait! Is this thread scoffing at market timing? I’ve been using it to decide when to buy and sell stocks. Nobody told me that everyone was being facetious.

If you’ve been using Thorstach posts as buy signals, I would guess that you’ve done pretty well.

Yep on April 11, 2017 when Top was in Dow closed at 20,658.02..

BicycleB · « **Reply #5774 on:** February 09, 2020, 04:06:35 PM »

Scoffers! You do not understand. The market's rise has only been a ploy to lull you. You will lose your investments and pay for your facetiousness in silent woe. After the plunge, you will not have the courage to post here. You will not even have internet. Sell when Thorstach bids you, or panhandle for pennies after the crash. Those are your choices.

TL;DR - Top is in.

DavidAnnArbor · « **Reply #5775 on:** February 09, 2020, 04:55:44 PM »

Wow, Thorstach's posts are almost all on this thread to post when the Top is in. No other interests seem to be indicated, just a single minded focus on market timing.

solon · « **Reply #5776 on:** February 09, 2020, 05:09:24 PM »

@thorstach, who are you? The not knowing is killing me!

Are you one of the mods? Are you @sol? Are you Warren Buffet?

Rural · « **Reply #5777 on:** February 09, 2020, 07:08:25 PM »

Quote from: solon on February 09, 2020, 05:09:24 PM

@thorstach, who are you? The not knowing is killing me!

Are you one of the mods? Are you @sol? Are you Warren Buffet?

Could always be Pete, you know.

TomTX · « **Reply #5778 on:** February 09, 2020, 07:16:18 PM »

Quote from: Rural on February 09, 2020, 07:08:25 PM

Quote from: solon on February 09, 2020, 05:09:24 PM
@thorstach, who are you? The not knowing is killing me!

Are you one of the mods? Are you @sol? Are you Warren Buffet?

Could always be Pete, you know.

That would actually make a lot of sense. :)

BicycleB · « **Reply #5779 on:** February 10, 2020, 12:18:41 AM »

Thorstach is a fundamental emanation from the universe itself, a reflection of light waves from the bull on Wall Street transformed into internet electrons for our enlightenment.

wienerdog · « **Reply #5780 on:** February 10, 2020, 07:37:42 AM »

Top is in.

https://www.theguardian.com/business/2020/feb/09/ray-dalio-billionaire-hedge-fund-capitalism

BigMoneyJim · « **Reply #5781 on:** February 10, 2020, 09:08:19 AM »

Quote from: wienerdog on February 10, 2020, 07:37:42 AM

Top is in.

https://www.theguardian.com/business/2020/feb/09/ray-dalio-billionaire-hedge-fund-capitalism

<checks S&P this morning> ... Ok so we're still doing this?

Also, peeked at the article. Today I learned "Pharrell Williams hat" is a thing. (But not in the 1930s, so clearly the article has missed some leading indicators.)

BigMoneyJim · « **Reply #5782 on:** February 10, 2020, 09:49:02 AM »

Ugh, missed my more optimal chance to say:

Pharrell Williams hat top is in.

DadJokes · « **Reply #5783 on:** February 10, 2020, 10:27:16 AM »

Quote from: BigMoneyJim on February 10, 2020, 09:49:02 AM

Ugh, missed my more optimal chance to say:

Pharrell Williams hat top is in.

Better than top hats being in.

Maenad · « **Reply #5784 on:** February 10, 2020, 10:46:53 AM »

Quote from: DavidAnnArbor on February 09, 2020, 04:55:44 PM

Wow, Thorstach's posts are almost all on this thread to post when the Top is in. No other interests seem to be indicated, just a single minded focus on market timing.

That's why I've long suspected a bot.

solon · « **Reply #5785 on:** February 10, 2020, 11:43:14 AM »

Quote from: Maenad on February 10, 2020, 10:46:53 AM

Quote from: DavidAnnArbor on February 09, 2020, 04:55:44 PM
Wow, Thorstach's posts are almost all on this thread to post when the Top is in. No other interests seem to be indicated, just a single minded focus on market timing.

That's why I've long suspected a bot.

I don't think he's a bot. Check out his earliest posts: https://forum.mrmoneymustache.com/profile/?u=34895;area=showposts;start=50

wienerdog · « **Reply #5786 on:** February 10, 2020, 11:59:50 AM »

Quote from: thorstach on January 31, 2020, 09:10:44 PM

final top is in

Quote from: thorstach on October 02, 2019, 10:08:56 AM

Final top is in.

So one was the final top and the other was the Final top?

aspiringnomad · « **Reply #5787 on:** February 10, 2020, 12:18:47 PM »

Quote from: wienerdog on February 10, 2020, 11:59:50 AM

Quote from: thorstach on January 31, 2020, 09:10:44 PM
final top is in

Quote from: thorstach on October 02, 2019, 10:08:56 AM
Final top is in.

So one was the final top and the other was the Final top?

Please refer to page 115 herein. As you may know, this thread doesn't tolerate repetitive repetition.

dragoncar · « **Reply #5788 on:** February 10, 2020, 01:32:44 PM »

Quote from: aspiringnomad on February 10, 2020, 12:18:47 PM

Quote from: wienerdog on February 10, 2020, 11:59:50 AM
Quote from: thorstach on January 31, 2020, 09:10:44 PM
final top is in

Quote from: thorstach on October 02, 2019, 10:08:56 AM
Final top is in.

So one was the final top and the other was the Final top?

Please refer to page 115 herein. As you may know, this thread doesn't tolerate repetitive repetition.

There is this theory of the Moebius. A twist in the fabric of space where time becomes a loop from which there is no escape. So when we reach that point, whatever happened will happen again.

frugalnacho · « **Reply #5789 on:** February 10, 2020, 01:34:34 PM »

Meobius top is in. Again.

solon · « **Reply #5790 on:** February 10, 2020, 01:35:42 PM »

Is that why the top keeps inning?

Or does the in keep topping?

Exflyboy · « **Reply #5791 on:** February 10, 2020, 02:02:23 PM »

3352 at the close!

Brother Esau · « **Reply #5792 on:** February 10, 2020, 02:15:03 PM »

A new Esau Top, thank you thorstach!

Davnasty · « **Reply #5793 on:** February 10, 2020, 02:21:41 PM »

Quote from: aspiringnomad on February 10, 2020, 12:18:47 PM

Quote from: wienerdog on February 10, 2020, 11:59:50 AM
Quote from: thorstach on January 31, 2020, 09:10:44 PM
final top is in

Quote from: thorstach on October 02, 2019, 10:08:56 AM
Final top is in.

So one was the final top and the other was the Final top?

Please refer to page 115 herein. As you may know, this thread doesn't tolerate repetitive repetition.

Redundancy will not be tolerated. final top is in; see pg 115. Don't make us repeat ourselves again.

aspiringnomad · « **Reply #5794 on:** February 10, 2020, 02:24:22 PM »

Quote from: frugalnacho on February 10, 2020, 01:34:34 PM

Meobius top is in. Again.

Meowbius top is in. Again.

dragoncar · « **Reply #5795 on:** February 10, 2020, 02:47:39 PM »

Fun fact: blacktops are actually orange

aboatguy · « **Reply #5796 on:** February 10, 2020, 03:07:05 PM »

So today is not the Top because the final time was already in????

aboatguy · « **Reply #5797 on:** February 10, 2020, 03:15:06 PM »

Quote from: dragoncar on February 10, 2020, 02:47:39 PM

Fun fact: blacktops are actually orange

Can an orange blacktop be Mustachian?

hadabeardonce · « **Reply #5798 on:** February 10, 2020, 03:23:00 PM »

ttfn = This is the Top For Now

I'm predicting US stock markets will be flat on Monday, Feb 17th.

BigMoneyJim · « **Reply #5799 on:** February 10, 2020, 03:30:08 PM »

Presidents Day top will be in Feb 17 confirmed.

Also, I just noticed: reddit top is in:

News:

Author Topic: Top is in (Read 1595293 times)