Author Topic: Top is in  (Read 1478522 times)

PathtoFIRE

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Re: Top is in
« Reply #6350 on: March 11, 2020, 02:28:46 PM »
SP500 only down 18.7%, still a bull market. Go bulls!

Buffaloski Boris

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Re: Top is in
« Reply #6351 on: March 11, 2020, 02:30:11 PM »

frugledoc

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Re: Top is in
« Reply #6352 on: March 11, 2020, 02:49:22 PM »
Two years and eleven months later we can finally say the top truly is (was) in.

Thorstach knew the covid pandemic was coming!

Optimiser

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Re: Top is in
« Reply #6353 on: March 11, 2020, 02:51:41 PM »
Bear top(hat) is in

2Birds1Stone

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Re: Top is in
« Reply #6354 on: March 11, 2020, 02:52:02 PM »
Two years and eleven months later we can finally say the top truly is (was) in.

Thorstach knew the covid pandemic was coming!

He ate the bat! Maybe he WAS the bat.

thorstach

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Re: Top is in
« Reply #6355 on: March 11, 2020, 03:02:53 PM »

mies

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Re: Top is in
« Reply #6356 on: March 11, 2020, 03:46:52 PM »

dividendman

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Re: Top is in
« Reply #6357 on: March 11, 2020, 04:45:08 PM »
SP500 only down 18.7%, still a bull market. Go bulls!

Yeah, I don't think it counts until the S&P500 closes down over 20% from it's high.... so the top isn't in yet!

Wintergreen78

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Re: Top is in
« Reply #6358 on: March 11, 2020, 05:10:53 PM »
https://isthisthetop.com/

Prophecy! He is revealing new knowledge!

Or, is Thorstach just a really elaborate spammer? Maybe this has been his plan all along, string everyone along then start promoting some day trading platform?

Mods, please delete this thread and ban Thorstach, he is not contributing anything to this forum.

Thank you.

frugalnacho

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Re: Top is in
« Reply #6359 on: March 11, 2020, 07:31:52 PM »

aspiringnomad

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Re: Top is in
« Reply #6360 on: March 11, 2020, 07:50:53 PM »
https://isthisthetop.com/

Would be so much cooler if you had topisin.com. If you're willing to pay 100k for it, I can pass that info along to the owner.

SubL stache

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Re: Top is in
« Reply #6361 on: March 11, 2020, 08:32:38 PM »
Looks like a new bottom tomorrow...

Roland of Gilead

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Re: Top is in
« Reply #6362 on: March 11, 2020, 10:32:21 PM »
SP500 only down 18.7%, still a bull market. Go bulls!

It is down 5% in the futures after orange talked

What is it called when the market drops 60%?

Monerexia

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Re: Top is in
« Reply #6363 on: March 11, 2020, 11:23:17 PM »
It went down, it is still dropping.......


To paraphrase Herman Wouk, Panic!, in times of danger or in doubt run in circles scream and shout....... or channel Jack Bogle and just do nothing...   I  prefer the later..and the top is still not in.

and it's still dropping

We need a nice, monstrous, five-year sale on stocks. Top, my friend, hope you were in.

might actually get my wish!

Alternatepriorities

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Re: Top is in
« Reply #6364 on: March 12, 2020, 12:29:06 AM »
SP500 only down 18.7%, still a bull market. Go bulls!

It is down 5% in the futures after orange talked

What is it called when the market drops 60%?

Fire sale? Buying opportunity?

Malossi792

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Re: Top is in
« Reply #6365 on: March 12, 2020, 01:09:03 AM »
FTSE All-world has been more than 20% down from the all time high for a few days, just sayin'.... Run!

DadJokes

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Re: Top is in
« Reply #6366 on: March 12, 2020, 06:02:50 AM »
SP500 only down 18.7%, still a bull market. Go bulls!

It is down 5% in the futures after orange talked

What is it called when the market drops 60%?

Are you sure it's because of Trump's speech and not because sporting leagues are postponing/cancelling seasons? The NCAA tourney is a billion dollar event, and it's unlikely to happen this year.

obstinate

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Re: Top is in
« Reply #6367 on: March 12, 2020, 07:44:30 AM »
FTSE All-world has been more than 20% down from the all time high for a few days, just sayin'.... Run!
Sure, let me just lock in these losses.

bacchi

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Re: Top is in
« Reply #6368 on: March 12, 2020, 08:22:20 AM »
FTSE All-world has been more than 20% down from the all time high for a few days, just sayin'.... Run!
Sure, let me just lock in these losses.

Sell low, buy high!

fattest_foot

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Re: Top is in
« Reply #6369 on: March 12, 2020, 08:32:18 AM »
Not that we've bottomed out yet, but we're still not at the level of the December 2018 drop. I'm not sure if that makes anyone feel better, but it does for me.

Malossi792

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Re: Top is in
« Reply #6370 on: March 12, 2020, 08:48:16 AM »
FTSE All-world has been more than 20% down from the all time high for a few days, just sayin'.... Run!
Sure, let me just lock in these losses.

Sell low, buy high!
That's the spirit!
Long time lurker btw. Rarely talk IRL too.

PhilB

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Re: Top is in
« Reply #6371 on: March 12, 2020, 09:23:53 AM »
Not that we've bottomed out yet, but we're still not at the level of the December 2018 drop. I'm not sure if that makes anyone feel better, but it does for me.
Don't forget to wave at it as we go past.

Steeze

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Re: Top is in
« Reply #6372 on: March 12, 2020, 09:26:32 AM »
I have sacrificed my cash to appease The Top! Blessed be the top for giving us these shares at these prices. May The Top continue to provide!

TomTX

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Re: Top is in
« Reply #6373 on: March 12, 2020, 09:42:08 AM »
Not that we've bottomed out yet, but we're still not at the level of the December 2018 drop. I'm not sure if that makes anyone feel better, but it does for me.
Don't forget to wave at it as we go past.

Maybe after lunch.

vand

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Re: Top is in
« Reply #6374 on: March 12, 2020, 10:25:22 AM »
Hee Hee.

vand

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Re: Top is in
« Reply #6375 on: March 12, 2020, 10:29:01 AM »
Not that we've bottomed out yet, but we're still not at the level of the December 2018 drop. I'm not sure if that makes anyone feel better, but it does for me.

Thatís great if you did all your buying before December 2018. :)

Cabaka

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Re: Top is in
« Reply #6376 on: March 12, 2020, 10:32:47 AM »
I have sacrificed my cash to appease The Top! Blessed be the top for giving us these shares at these prices. May The Top continue to provide!

I appreciate that as I have been net short for a while.

this continues to be my favorite thread on the internet.

dividendman

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Re: Top is in
« Reply #6377 on: March 12, 2020, 10:46:18 AM »
S&P 500 might close in bear territory. The top might actually have been in in Feb!

vand

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Re: Top is in
« Reply #6378 on: March 12, 2020, 11:18:00 AM »
29k Dow seems a long time ago now.. a time when life was simpler.

In reality it was just one paycheque ago!

EscapeVelocity2020

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Re: Top is in
« Reply #6379 on: March 12, 2020, 11:21:48 AM »
Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check.

Ah, the good ole days...

frugalnacho

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Re: Top is in
« Reply #6380 on: March 12, 2020, 11:22:04 AM »
Is fear back yet?

secondcor521

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Re: Top is in
« Reply #6381 on: March 12, 2020, 11:50:18 AM »
Is fear back yet?

Of course it is.  The VIX, I note, is over 15 as well.

EscapeVelocity2020

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Re: Top is in
« Reply #6382 on: March 12, 2020, 12:15:12 PM »
Is fear back yet?

On April 11, 2017 the S&P500 closed at 2354, so I guess fear isn't back yet... gettin' there though

Steeze

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Re: Top is in
« Reply #6383 on: March 12, 2020, 01:03:10 PM »
Looking back we will realize that is the day the recession started

achvfi

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Re: Top is in
« Reply #6384 on: March 12, 2020, 01:19:20 PM »
I am out of firepower. This 25% off sale comes to an end for me today.

I hope its stays lower for a while for regular contributions to add up.

Monerexia

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Re: Top is in
« Reply #6385 on: March 12, 2020, 01:27:46 PM »
SPY to follow.

Turkey Leg

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Re: Top is in
« Reply #6386 on: March 12, 2020, 01:31:22 PM »
We are FIREd, and our net worth is sinking. I figured a Trump presidency would be interesting times, but we retired anyway, so this drop is not unexpected.

The stock market goes up; the stock market goes down. Yawn. 


BicycleB

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Re: Top is in
« Reply #6387 on: March 12, 2020, 01:35:38 PM »
I am out of firepower. This 25% off sale comes to an end for me today.


Somewhere I read that early in the Great Depression, stocks kept dropping because everyone who had the guts to buy falling stock ran out of purchase money. So @achvfi, thanks for proving that the mighty Thorstach right. The best worst is yet to come!

Buffaloski Boris

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Re: Top is in
« Reply #6388 on: March 12, 2020, 01:38:52 PM »
I am out of firepower. This 25% off sale comes to an end for me today.


Somewhere I read that early in the Great Depression, stocks kept dropping because everyone who had the guts to buy falling stock ran out of purchase money. So @achvfi, thanks for proving that the mighty Thorstach right. The best worst is yet to come!

There is a great graphic I saw earlier showing the time from bear to bottom in past bear markets.  It's months usually. Sooo, keep that powder dry for a spell. 

Buffaloski Boris

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Re: Top is in
« Reply #6389 on: March 12, 2020, 01:40:49 PM »
Check out the VIX today.  It's up to 72 and still a few more minutes to go. 

No, I'm not calling VIX top.  I value my life. 

DarkandStormy

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Re: Top is in
« Reply #6390 on: March 12, 2020, 01:42:28 PM »
RIP to the ironic "is this the top?" posts...at least for awhile.

PathtoFIRE

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Re: Top is in
« Reply #6391 on: March 12, 2020, 01:49:23 PM »
Looking back we will realize that is the day the recession started

This would be an extraordinary recession in modern economic times if we do see one.
https://fred.stlouisfed.org/series/SAHMREALTIME

Buffaloski Boris

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Re: Top is in
« Reply #6392 on: March 12, 2020, 01:50:02 PM »
RIP to the ironic "is this the top?" posts...at least for awhile.

Naaaah.  We''ll keep calling the Top Bear while the market slides into the abyss. 

dougules

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Re: Top is in
« Reply #6393 on: March 12, 2020, 01:51:07 PM »
RIP to the ironic "is this the top?" posts...at least for awhile.

S&P 500 close 4/11/2017 - 2353.78
S&P 500 present - 2518.79

I would still be posting plenty of ironic sarcastic posts if that didn't feel a little disrespectful in the face of a pandemic.  Nothing happening is changing any long-term prospects. 

PathtoFIRE

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Re: Top is in
« Reply #6394 on: March 12, 2020, 01:53:00 PM »
I've still got some room to buy, although that would mean pushing to the equities heavy band of my IPS. Hey, I'm going my best to try to prop up prices, i swear!

Panly

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Re: Top is in
« Reply #6395 on: March 12, 2020, 02:43:13 PM »

How's your 409k doing lately?




MrStash

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Re: Top is in
« Reply #6396 on: March 12, 2020, 02:49:52 PM »
Christmas is officially over! I'm taking it surprisingly well. Just another day at work.

Here is to the roaring 20s! Hopefully this one will not lay the groundwork for future world wars.

vand

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Re: Top is in
« Reply #6397 on: March 12, 2020, 02:59:08 PM »
The worst single day for stocks since 1987.

For those who like to trot out the Warren Buffett quotes every time the market dips... are you actually following through and BEING GREEDY right now? Because this is a full blow panic.


The market has lost nearly 1/3rd of its value. I suspect that even Mr Buffett is getting mildly interested now that valuations have retreated from the stratosphere.

dividendman

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Re: Top is in
« Reply #6398 on: March 12, 2020, 03:03:45 PM »
The worst single day for stocks since 1987.

For those who like to trot out the Warren Buffett quotes every time the market dips... are you actually following through and BEING GREEDY right now? Because this is a full blow panic.


The market has lost nearly 1/3rd of its value. I suspect that even Mr Buffett is getting mildly interested now that valuations have retreated from the stratosphere.

Rebalanced today, not because i'm being greedy, because my IPS says to rebalance today.

dandarc

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Re: Top is in
« Reply #6399 on: March 12, 2020, 03:05:44 PM »
Thinking about implementing the "0% cash advance offers" plan. Will take 3 months or so to raise a total of $50K that way. Not enough dough to move the needle?