Top is in

[bthewalls]

iv been reading the top is in one every week for ages now...over and over, but i'll tell you one thing, whoever called it this time was right!!! lol

[TomTX]

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

[Alternatepriorities]

We're back to levels not seen since Oct 11th of 2019! Breaking out the emergency rations.

[Alternatepriorities]

Oddly enough I just realized the sun is about were it was on October 11th...

That matters more up here in the Norther Bear Territory.

I'm calling the sun TOP on June 21st!

[dougules]

Haven't you learned anything from this thread?  Top is in.  We'll never make 3400.  Ever.  The NYSE will just be crumbling abandoned building soon.

@Chris @ Saturday Financial  Actually Dougules is the most prescient at calling the Top.

All the credit goes to the our leader, thorstach

[bthewalls]

all hail thorstach for his incredible market knowledge...or just repeating the top is in weakly for the last five years...either way ALL HAIL thorstach!!!

thorstach FOR PRESIDENT

[Wintergreen78]

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

I was raised on a sacrament of Welch’s grape juice and Hawaiian bread. I like this new religion better. But since we are still figuring out its particulars, what about gin and tonics? That is truly the drink of the gods.

[nereo]

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

I was raised on a sacrament of Welch’s grape juice and Hawaiian bread. I like this new religion better. But since we are still figuring out its particulars, what about gin and tonics? That is truly the drink of the gods.

Good when it's hot... but I don't care for them when there's snow on the ground.  Can we rotate the sacramental beverage based on the prevailing weather in the northern hemisphere? 

[Optimiser]

all hail thorstach for his incredible market knowledge...or just repeating the top is in weakly for the last five years...either way ALL HAIL thorstach!!!

thorstach FOR PRESIDENT

Thorstach for corona virus czar!

[Brother Esau]

Haven't you learned anything from this thread?  Top is in.  We'll never make 3400.  Ever.  The NYSE will just be crumbling abandoned building soon.

@Chris @ Saturday Financial  Actually Dougules is the most prescient at calling the Top.

All the credit goes to the our leader, thorstach

Don't be silly. It's because you studied all sorts of graphs and charts and indexes that most of us have never heard of.

[wienerdog]

all hail thorstach for his incredible market knowledge...or just repeating the top is in weakly for the last five years...either way ALL HAIL thorstach!!!

thorstach FOR PRESIDENT

Thorstach for corona virus czar!

#Thorstash2020  The caller of The Great 2020 Top!

[Wintergreen78]

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

I was raised on a sacrament of Welch’s grape juice and Hawaiian bread. I like this new religion better. But since we are still figuring out its particulars, what about gin and tonics? That is truly the drink of the gods.

Good when it's hot... but I don't care for them when there's snow on the ground.  Can we rotate the sacramental beverage based on the prevailing weather in the northern hemisphere?

I can agree to that. Gin and tonics happen between the vernal and autumnal equinoxes, and dark hoppy beers the other half of the year. I think we need to set some stones out in a circle somewhere and gave somebody in charge of monitoring when we switch from one to the other.

[bthewalls]

im gonna name my next 3 kids after thorstach

[erutio]

im gonna name my next 3 kids after thorstach

I'm going to name my next 3 kids "Top", "Is", and "In".

[bthewalls]

classy

[dragoncar]

We're back to levels not seen since Oct 11th of 2019! Breaking out the emergency rations.

It’s not so much where we are as how fast we got there

[dragoncar]

there it is

We must mediate on these wise words, for the is a great deal of knowledge hidden in these three words.

'There' - is this to mean the markets, or the forum, or our deeper cognative selves?

'it' - one might assume this pronoun refers to the 'Top', as in 'the top is in' - but I'm less convinced.  Could be something much deeper,much more important.

'is'.  Just as it is important to stop and be, sometimes, it just 'is'.  Remember that, my fellow mustachians.

I hereby submit that we reverently refer to this divine message simply as TII (pronounced "teeeeeee.... with a very long eee sound at the end).

Now, where's the sacramental wine?

Really depends what the meaning of IS is.

Definitely gonna make this market a drinking game. I drink, that’s the game.

[GuitarStv]

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

The body of Thorstache, the bread of top?

[bthewalls]

when i die from cornovirus and my wife liquidates my portfolio and goes partying with some young lad....i want to enter the kingdom and sit at the right hand of the Thorstache...hallowed be his name...

[solon]

At what point should we start worrying?

[Bourbon]

there it is

the great Oracle has spoken! The Top Is IN!

Can someone workout delta to the first TOP?

Facemask stocks are up.

Thread started 04/11/2017.  VTSAX closed at 58.89.  It's sitting at 73.76 off a high of 83.79.

[bthewalls]

when you look at it, even after this drop, vti is only back at oct 19 prices.....

not really that huge a drop

[dragoncar]

At what point should we start worrying?

There’s clearly a huge technical support level at $0, so I’d definitely start worrying if we go below that

[G-String]

when you look at it, even after this drop, vti is only back at oct 19 prices.....

not really that huge a drop

The DOW is 2-3 years back now. 

[bthewalls]

when you look at it, even after this drop, vti is only back at oct 19 prices.....

not really that huge a drop

The DOW is 2-3 years back now.

hell buy the DOW then....market is on sale

[dougules]

I love it when the stock market goes way up or down.  This thread gets boring when the market gets boring. 

[bthewalls]

dude i just checked dow is back to 9th October 19.

[dragoncar]

dude i just checked dow is back to 9th October 19.

This leve was first reached january 2018.  If you invested then you are now flat or down

[HPstache]

We're back to levels not seen since Oct 11th of 2019! Breaking out the emergency rations.

It’s not so much where we are as how fast we got there

Stairs up, Elevator down... nothing new to see here

[G-String]

dude i just checked dow is back to 9th October 19.

Yesterday it was 2 years back.  And the DOW was down another 1.39% today. 

[nereo]

dude i just checked dow is back to 9th October 19.

Yesterday it was 2 years back.  And the DOW was down another 1.39% today.

And what does that tell you, Garrett B.?

[Buffaloski Boris]

Praise be!
Blessed be the Top!

- Ofthorstach, Feb 2020

[G-String]

dude i just checked dow is back to 9th October 19.

Yesterday it was 2 years back.  And the DOW was down another 1.39% today.

And what does that tell you, Garrett B.?

It tells me that the DOW is down the amount I just posted in the previous post.

[Custom Concern]

I've been studying the ancient texts and came across this gem:

"The market's rise after a period of re-accumulation is a bullish sign. Nevertheless, fulcrum characteristics are not yet clearly present and a resistance area exists 40 points higher in the Dow, so it is clearly premature to say the next leg of the bull market is up. If, in the coming weeks, a test of the lows holds and the market breaks out of its flag, a further rise would be indicated. Should the lows be violated, a continuation of the intermediate term downtrend is called for. In view of the current situation, it is a distinct possibility that traders will sit in the wings awaiting a clearer delineation of the trend and the market will move in a narrow trading range."

Almighty and venerable Thorstach, what do you make of such technical analysis?

[nereo]

dude i just checked dow is back to 9th October 19.

Yesterday it was 2 years back.  And the DOW was down another 1.39% today.

And what does that tell you, Garrett B.?

It tells me that the DOW is down the amount I just posted in the previous post.

No, no, no!
Have you learned nothing??!!

[Wintergreen78]

dude i just checked dow is back to 9th October 19.

This leve was first reached january 2018.  If you invested then you are now flat or down

Hey! That’s when I retired! I can retire!

[Alternatepriorities]

dude i just checked dow is back to 9th October 19.

Yesterday it was 2 years back.  And the DOW was down another 1.39% today.

And what does that tell you, Garrett B.?

It tells me that the DOW is down the amount I just posted in the previous post.

No, no, no!
Have you learned nothing??!!

The top was in?

[Alternatepriorities]

all hail thorstach for his incredible market knowledge...or just repeating the top is in weakly for the last five years...either way ALL HAIL thorstach!!!

thorstach FOR PRESIDENT

Thorstach for corona virus czar!

#Thorstash2020  The caller of The Great 2020 Top!

Is he running? Because...

[Alternatepriorities]

At what point should we start worrying?

There’s clearly a huge technical support level at $0, so I’d definitely start worrying if we go below that

Thanks, now I'm trying to calculate what interest rates would justify a P/E of infinity...

[dougules]

At what point should we start worrying?

There’s clearly a huge technical support level at $0, so I’d definitely start worrying if we go below that

Thanks, now I'm trying to calculate what interest rates would justify a P/E of infinity...

You should be trying to figure out what 0÷0 is because that's what both P and E are going to be at soon.

[dragoncar]

dude i just checked dow is back to 9th October 19.

This leve was first reached january 2018.  If you invested then you are now flat or down

Hey! That’s when I retired! I can retire!

What you mean you haven’t already increased your spending to match new highs?  The re-retire again plan?

March 2017 is my firewall, it would definitely make me more nervous if we hit that

[dragoncar]

dude i just checked dow is back to 9th October 19.

Yesterday it was 2 years back.  And the DOW was down another 1.39% today.

And what does that tell you, Garrett B.?

It tells me that the DOW is down the amount I just posted in the previous post.

No, no, no!
Have you learned nothing??!!

Here’s a hint

It starts with T

[Optimiser]

dude i just checked dow is back to 9th October 19.

Yesterday it was 2 years back.  And the DOW was down another 1.39% today.

And what does that tell you, Garrett B.?

It tells me that the DOW is down the amount I just posted in the previous post.

No, no, no!
Have you learned nothing??!!

Here’s a hint

It starts with T

it ends with "op is in"

[PDXTabs]

March 2017 is my firewall, it would definitely make me more nervous if we hit that

Why, that seems pretty arbitrary?

[Brother Esau]

Today was the bottom. Uppity Up Up we go!

[fattest_foot]

At what point should we start worrying?

Sorry, but if you weren't already panicking, you missed it.

Panic top was already in.

[BigMoneyJim]

Sorry, but if you weren't already panicking, you missed it.

Panic top was already in.

LOL, truth of the thread!

Agree, I've already been through the "what if I..." temptations. I've gone through them all and have elected to continue with my original plan which is to stop topping off my rolling cash reserve while things are dicey. Will review in a couple of years if needed.

[TomTX]

Now, where's the sacramental wine?

I think this thread deserves sacramental whiskey.

Finally, a religion I can get behind!

T-p is in!

Everyone take a sip!

Religion and drinking game all in one!

I was raised on a sacrament of Welch’s grape juice and Hawaiian bread. I like this new religion better. But since we are still figuring out its particulars, what about gin and tonics? That is truly the drink of the gods.

Good when it's hot... but I don't care for them when there's snow on the ground.  Can we rotate the sacramental beverage based on the prevailing weather in the northern hemisphere?

Is not The Top all things to all peoples?

All the blessed drinks may be thine! The holiness of The Top does not limit its limitless bounty to whiskey or to wine!

[TomTX]

I've been studying the ancient texts and came across this gem:

"The market's rise after a period of re-accumulation is a bullish sign. Nevertheless, fulcrum characteristics are not yet clearly present and a resistance area exists 40 points higher in the Dow, so it is clearly premature to say the next leg of the bull market is up. If, in the coming weeks, a test of the lows holds and the market breaks out of its flag, a further rise would be indicated. Should the lows be violated, a continuation of the intermediate term downtrend is called for. In view of the current situation, it is a distinct possibility that traders will sit in the wings awaiting a clearer delineation of the trend and the market will move in a narrow trading range."

Almighty and venerable Thorstach, what do you make of such technical analysis?

Translation: If the market doesn't go down, it may go up. Otherwise, if it goes down - it goes down. It's also possible it won't move much.

Serious distraction tactics there - constructed to demonstrate a win no matter what the market does.

[G-String]

dude i just checked dow is back to 9th October 19.

Yesterday it was 2 years back.  And the DOW was down another 1.39% today.

And what does that tell you, Garrett B.?

It tells me that the DOW is down the amount I just posted in the previous post.

No, no, no!
Have you learned nothing??!!

Oops, sorry!  The top was in??