Author Topic: Top is in  (Read 3139705 times)

frugalnacho

  • Walrus Stache
  • *******
  • Posts: 5055
  • Age: 41
  • Location: Metro Detroit
Re: Top is in
« Reply #8500 on: November 02, 2021, 07:52:57 AM »
I can't believe you guys like money too.


techwiz

  • Magnum Stache
  • ******
  • Posts: 3729
  • Location: Ontario
Re: Top is in
« Reply #8501 on: November 02, 2021, 07:59:49 AM »
It not that I like money like this:



It's the stuff money can buy like this:



P.S. The Top is in!

solon

  • Handlebar Stache
  • *****
  • Posts: 2359
  • Age: 1823
  • Location: OH
Re: Top is in
« Reply #8502 on: November 02, 2021, 01:13:45 PM »
Dow 36,000 isn't just a book anymore.

maizefolk

  • Walrus Stache
  • *******
  • Posts: 7400
Re: Top is in
« Reply #8503 on: November 02, 2021, 01:26:38 PM »
Dow 36,000 isn't just a book anymore.

Now that's a name I haven't heard in a long time (22 years in fact).

aboatguy

  • Bristles
  • ***
  • Posts: 335
Re: Top is in
« Reply #8504 on: November 02, 2021, 04:20:24 PM »
Top is in WOOOOOOOOO, money, money money money, money


Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8399
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #8505 on: November 02, 2021, 06:03:24 PM »
Top is in WOOOOOOOOO, money, money money money, money



Better add up your networth today because it will NEVER be this high again

dougules

  • Magnum Stache
  • ******
  • Posts: 2899
Re: Top is in
« Reply #8506 on: November 02, 2021, 11:39:49 PM »
Top is in WOOOOOOOOO, money, money money money, money



Better add up your networth today because it will NEVER be this high again

It will only go up from here if you put it all into gold, bitcoin, and ammo. 

aboatguy

  • Bristles
  • ***
  • Posts: 335
Re: Top is in
« Reply #8507 on: November 03, 2021, 09:10:36 AM »

Top was in, I'm potentially down tens of dollars

« Last Edit: November 03, 2021, 09:12:37 AM by aboatguy »

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8399
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #8508 on: November 03, 2021, 09:20:19 AM »
Taper tantrums will begin before the market close today.. Top is most definitely in!

dougules

  • Magnum Stache
  • ******
  • Posts: 2899
Re: Top is in
« Reply #8509 on: November 03, 2021, 12:32:17 PM »

Top was in, I'm potentially down tens of dollars

You're probably up a few dollars now.  SELL SELL SELL. 

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8399
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #8510 on: November 03, 2021, 01:09:32 PM »
I just put my sell order in (VTSAX to cash) to top up our cash reserves..

So I predict the market will tank by the close!

dandarc

  • Walrus Stache
  • *******
  • Posts: 5456
  • Age: 41
  • Pronouns: he/him/his
Re: Top is in
« Reply #8511 on: November 03, 2021, 01:11:43 PM »
I just put my sell order in (VTSAX to cash) to top up our cash reserves..

So I predict the market will tank by the close!
Why did you have to go and by the mega-lathe? Actually vti just ticked up from basically flat most of the day. This will be a truly impressive jinx with less than an hour before market close.

PDXTabs

  • Walrus Stache
  • *******
  • Posts: 5160
  • Age: 40
  • Location: Vancouver, WA, USA
Re: Top is in
« Reply #8512 on: November 03, 2021, 01:56:18 PM »
Taper tantrums will begin before the market close today.. Top is most definitely in!

But then it closed up. Taper tantrums to infinity!

JJ-

  • Pencil Stache
  • ****
  • Posts: 886
Re: Top is in
« Reply #8513 on: November 03, 2021, 02:28:57 PM »
I have top fatigue. Can the top really be in please?

dougules

  • Magnum Stache
  • ******
  • Posts: 2899
Re: Top is in
« Reply #8514 on: November 03, 2021, 02:32:32 PM »
I have top fatigue. Can the top really be in please?

The top has been in all along.  You just have not reached top enlightenment to fully understand it.  You should ponder on what the sound of one top clapping is. 

JJ-

  • Pencil Stache
  • ****
  • Posts: 886
Re: Top is in
« Reply #8515 on: November 03, 2021, 02:33:19 PM »
I have top fatigue. Can the top really be in please?

The top has been in all along.  You just have not reached top enlightenment to fully understand it.  You should ponder on what the sound of one top clapping is.

I feel like a child asking are we there yet and the parent going "almost".

Mr. Green

  • Magnum Stache
  • ******
  • Posts: 4494
  • Age: 40
  • Location: Wilmington, NC
Re: Top is in
« Reply #8516 on: November 03, 2021, 02:49:32 PM »
I have top fatigue. Can the top really be in please?

The top has been in all along.  You just have not reached top enlightenment to fully understand it.  You should ponder on what the sound of one top clapping is.

I feel like a child asking are we there yet and the parent going "almost".
The realization is just dawning for you, like Bill Murray, that we're in Groundhog Top.

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8399
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #8517 on: November 03, 2021, 02:50:41 PM »
Well gosh.. Clearly I was wrong again and made a small pot of money..:)

BigMoneyJim

  • Bristles
  • ***
  • Posts: 368
  • Age: 53
  • Location: Nomadic retiree in the Rockies
    • Jim's Personal Finance Blog
Re: Top is in
« Reply #8518 on: November 03, 2021, 02:54:43 PM »
If being wrong makes money...well that explains how I retired early!

JJ-

  • Pencil Stache
  • ****
  • Posts: 886
Re: Top is in
« Reply #8519 on: November 03, 2021, 03:41:07 PM »
I have top fatigue. Can the top really be in please?

The top has been in all along.  You just have not reached top enlightenment to fully understand it.  You should ponder on what the sound of one top clapping is.

I feel like a child asking are we there yet and the parent going "almost".
The realization is just dawning for you, like Bill Murray, that we're in Groundhog Top.

I give up lol

maizefolk

  • Walrus Stache
  • *******
  • Posts: 7400
Re: Top is in
« Reply #8520 on: November 03, 2021, 07:15:40 PM »
S&P 500: 1,000-2,000: ~6.5 years (1998 Feb-2014 Aug)
S&P 500: 2,000-3,000: ~5.25 years ('14 Aug-'19 Nov)
S&P 500: 3,000-4,000: ~1.5 years ('19 Nov-'21 April)
S&P 500: 4,000-5,000: Forever because the top is in.

aboatguy

  • Bristles
  • ***
  • Posts: 335
Re: Top is in
« Reply #8521 on: November 03, 2021, 08:08:30 PM »
Made money by doing nothing. 

SwordGuy

  • Walrus Stache
  • *******
  • Posts: 8955
  • Location: Fayetteville, NC
Re: Top is in
« Reply #8522 on: November 03, 2021, 08:25:14 PM »
Made money by doing nothing. 

If only the chicks were free...

maizefolk

  • Walrus Stache
  • *******
  • Posts: 7400
Re: Top is in
« Reply #8523 on: November 03, 2021, 08:43:38 PM »
Made money by doing nothing.

If only the chicks were free...

I should of learned to play the guitar

Wintergreen78

  • Pencil Stache
  • ****
  • Posts: 620
Re: Top is in
« Reply #8524 on: November 03, 2021, 10:11:07 PM »
Made money by doing nothing.

If only the chicks were free...

I should of learned to play the guitar

I should’ve learned to play them drums.

Malossi792

  • Stubble
  • **
  • Posts: 164
Re: Top is in
« Reply #8525 on: November 03, 2021, 11:36:57 PM »
Made money by doing nothing.

If only the chicks were free...

I should of learned to play the guitar

I should’ve learned to play them drums.
Well played :)

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8399
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #8526 on: November 04, 2021, 12:33:03 AM »
Made money by doing nothing.

If only the chicks were free...

I should of learned to play the guitar

I should’ve learned to play them drums.
Well played :)

Installing microwaves wasn't profitable.

DadJokes

  • Handlebar Stache
  • *****
  • Posts: 2360
Re: Top is in
« Reply #8527 on: November 04, 2021, 06:50:16 AM »
Made money by doing nothing.

If only the chicks were free...

I should of learned to play the guitar

I should’ve learned to play them drums.
Well played :)

Installing microwaves wasn't profitable.

What about custom kitchen deliveries?

techwiz

  • Magnum Stache
  • ******
  • Posts: 3729
  • Location: Ontario
Re: Top is in
« Reply #8528 on: November 04, 2021, 07:05:42 AM »
Made money by doing nothing.

If only the chicks were free...

I should of learned to play the guitar

I should’ve learned to play them drums.
Well played :)

Installing microwaves wasn't profitable.

What about custom kitchen deliveries?


The Top is in, now we are in Dire Straits!

frugalnacho

  • Walrus Stache
  • *******
  • Posts: 5055
  • Age: 41
  • Location: Metro Detroit
Re: Top is in
« Reply #8529 on: November 04, 2021, 07:14:56 AM »
Weird Al top is in

https://www.youtube.com/watch?v=0WPzFnZkZmI

Dire Straits Money for Nothing parody about Beverly Hillbillies for the unenlightened.  Mark Knopfler allowed the parody on the condition that he played the guitar track. 

2Birds1Stone

  • Walrus Stache
  • *******
  • Posts: 7916
  • Age: 1
  • Location: Earth
  • K Thnx Bye
Re: Top is in
« Reply #8530 on: November 04, 2021, 07:39:19 AM »
Our NW crossed $1M by a smidge yesterday.......which means the top is definitely in now.

Prepare for the great crash of 2021/2022!

aboatguy

  • Bristles
  • ***
  • Posts: 335
Re: Top is in
« Reply #8531 on: November 04, 2021, 12:56:46 PM »
I have a major portion of our emergency fund in vti.   We have roof and some water damage from Hurricane IDA and we have been waiting for the roofer.  Today  I sold 40 shares sold at 241.51 that should pay our share of the damage (if the insurance estimate is correct)

My actions probably ensure that the market will melt up from here. 

Good news is most of our emergency fund is still in VTI

dandarc

  • Walrus Stache
  • *******
  • Posts: 5456
  • Age: 41
  • Pronouns: he/him/his
Re: Top is in
« Reply #8532 on: November 04, 2021, 01:52:27 PM »
I've been derelict with rebalancing last couple of years. Just sold > $50K in VTSAX & SWTSX since today is rebalancing day . . . also contributing to the incoming "melt up"

ChpBstrd

  • Walrus Stache
  • *******
  • Posts: 6662
  • Location: A poor and backward Southern state known as minimum wage country
Re: Top is in
« Reply #8533 on: November 04, 2021, 03:05:27 PM »
Since shortly after I heard the top is in, I've been riding several hundred thousand dollars worth of triple-leveraged ETFs. I goofed and bought the long ones instead of the short ones, so I'm up about $400k. Upon realizing I was beating the market by 14% YTD, and in imminent danger of the top being in, I sold some call options yesterday to exit these positions by Friday and put $4500 in my pocket.

When this information reached The Bank of England, it shocked them to the point they had to hold off on raising interest rates. They had to respect that the top was in on interest rates as well. That in turn caused the USD to rise 1.4% compared to the pound, leading to an inflow of cash into the US indices. Simultaneously, the Federal Reserve was poised to declare higher interest rates by March, but upon seeing the red flag I sent up they communicated a wait-and-see approach, causing yesterday to be the day the top was in for long-term treasury yields. Oil traders sent USO down 0.43% when they realized the top was in for demand.

Meanwhile UPRO and TQQQ zoomed to what must be their tops today, well past the strike prices on my covered calls. So I shrugged my shoulders, and traded up in strike prices, paying $0.75 per share to go up in strike prices by $1. Thus, just as I triggered the top, I am triggering the downfall, which starts tomorrow. You were warned.

BicycleB

  • Walrus Stache
  • *******
  • Posts: 5263
  • Location: Coolest Neighborhood on Earth, They Say
  • Older than the internet, but not wiser... yet
Re: Top is in
« Reply #8534 on: November 04, 2021, 04:31:41 PM »
I have needs. I have to pay a thing. To pay it, I sold 16 shares of a US index fund this morning for about $3000.

By all selling at once, we are jointly causing the very top of which we speak. We have found the market's enemy and it is us.

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 8399
  • Age: 62
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: Top is in
« Reply #8535 on: November 04, 2021, 05:19:24 PM »
It obviously ONLY went up today because I sold $30k's worth yesterday.

Wintergreen78

  • Pencil Stache
  • ****
  • Posts: 620
Re: Top is in
« Reply #8536 on: November 04, 2021, 06:16:43 PM »
Since shortly after I heard the top is in, I've been riding several hundred thousand dollars worth of triple-leveraged ETFs. I goofed and bought the long ones instead of the short ones, so I'm up about $400k. Upon realizing I was beating the market by 14% YTD, and in imminent danger of the top being in, I sold some call options yesterday to exit these positions by Friday and put $4500 in my pocket.

When this information reached The Bank of England, it shocked them to the point they had to hold off on raising interest rates. They had to respect that the top was in on interest rates as well. That in turn caused the USD to rise 1.4% compared to the pound, leading to an inflow of cash into the US indices. Simultaneously, the Federal Reserve was poised to declare higher interest rates by March, but upon seeing the red flag I sent up they communicated a wait-and-see approach, causing yesterday to be the day the top was in for long-term treasury yields. Oil traders sent USO down 0.43% when they realized the top was in for demand.

Meanwhile UPRO and TQQQ zoomed to what must be their tops today, well past the strike prices on my covered calls. So I shrugged my shoulders, and traded up in strike prices, paying $0.75 per share to go up in strike prices by $1. Thus, just as I triggered the top, I am triggering the downfall, which starts tomorrow. You were warned.

I’m sorry, I got lost halfway through the first paragraph. Are you saying the top is in?

aboatguy

  • Bristles
  • ***
  • Posts: 335
Re: Top is in
« Reply #8537 on: November 04, 2021, 07:32:11 PM »
Another day with closing record highs for SP500 and NASDAQ.  DOW top was in.  However, once again MONEY MONEY MONEY, Money, Money!
« Last Edit: November 04, 2021, 07:39:53 PM by aboatguy »

ScreamingHeadGuy

  • Bristles
  • ***
  • Posts: 317
  • Age: 44
  • Location: Down the street from the Frozen Tundra
Re: Top is in
« Reply #8538 on: November 04, 2021, 10:07:10 PM »
I have a major portion of our emergency fund in vti.   We have roof and some water damage from Hurricane IDA and we have been waiting for the roofer.  Today  I sold 40 shares sold at 241.51 that should pay our share of the damage (if the insurance estimate is correct)

My actions probably ensure that the market will melt up from here. 

Good news is most of our emergency fund is still in VTI

In your case it looks like the roof-Top Will Be On. (Soon).  Hooray!

dougules

  • Magnum Stache
  • ******
  • Posts: 2899
Re: Top is in
« Reply #8539 on: November 05, 2021, 12:57:48 AM »
Since shortly after I heard the top is in, I've been riding several hundred thousand dollars worth of triple-leveraged ETFs. I goofed and bought the long ones instead of the short ones, so I'm up about $400k. Upon realizing I was beating the market by 14% YTD, and in imminent danger of the top being in, I sold some call options yesterday to exit these positions by Friday and put $4500 in my pocket.

When this information reached The Bank of England, it shocked them to the point they had to hold off on raising interest rates. They had to respect that the top was in on interest rates as well. That in turn caused the USD to rise 1.4% compared to the pound, leading to an inflow of cash into the US indices. Simultaneously, the Federal Reserve was poised to declare higher interest rates by March, but upon seeing the red flag I sent up they communicated a wait-and-see approach, causing yesterday to be the day the top was in for long-term treasury yields. Oil traders sent USO down 0.43% when they realized the top was in for demand.

Meanwhile UPRO and TQQQ zoomed to what must be their tops today, well past the strike prices on my covered calls. So I shrugged my shoulders, and traded up in strike prices, paying $0.75 per share to go up in strike prices by $1. Thus, just as I triggered the top, I am triggering the downfall, which starts tomorrow. You were warned.

I’m sorry, I got lost halfway through the first paragraph. Are you saying the top is in?

Yes there a whole lot of really big words.  Are we expected to read all that?

ChpBstrd

  • Walrus Stache
  • *******
  • Posts: 6662
  • Location: A poor and backward Southern state known as minimum wage country
Re: Top is in
« Reply #8540 on: November 05, 2021, 06:45:13 AM »
Since shortly after I heard the top is in, I've been riding several hundred thousand dollars worth of triple-leveraged ETFs. I goofed and bought the long ones instead of the short ones, so I'm up about $400k. Upon realizing I was beating the market by 14% YTD, and in imminent danger of the top being in, I sold some call options yesterday to exit these positions by Friday and put $4500 in my pocket.

When this information reached The Bank of England, it shocked them to the point they had to hold off on raising interest rates. They had to respect that the top was in on interest rates as well. That in turn caused the USD to rise 1.4% compared to the pound, leading to an inflow of cash into the US indices. Simultaneously, the Federal Reserve was poised to declare higher interest rates by March, but upon seeing the red flag I sent up they communicated a wait-and-see approach, causing yesterday to be the day the top was in for long-term treasury yields. Oil traders sent USO down 0.43% when they realized the top was in for demand.

Meanwhile UPRO and TQQQ zoomed to what must be their tops today, well past the strike prices on my covered calls. So I shrugged my shoulders, and traded up in strike prices, paying $0.75 per share to go up in strike prices by $1. Thus, just as I triggered the top, I am triggering the downfall, which starts tomorrow. You were warned.

I’m sorry, I got lost halfway through the first paragraph. Are you saying the top is in?

Yes there a whole lot of really big words.  Are we expected to read all that?

TLDR: Dude takes big risk on market go up. Wins. Sells. So market will go way up today to give him bad feels. Top maybe in next week?

aboatguy

  • Bristles
  • ***
  • Posts: 335
Re: Top is in
« Reply #8541 on: November 05, 2021, 06:48:41 AM »
US Premarkets are up .   Which guarantees that the market will close UP, DOWN or the SAME.

Long live the TOP!

Mr. Green

  • Magnum Stache
  • ******
  • Posts: 4494
  • Age: 40
  • Location: Wilmington, NC
Re: Top is in
« Reply #8542 on: November 05, 2021, 07:43:40 AM »
Looks like another "Happy Highday Friday!" is in order. The Groundhog Top is going to get out of control here in a minute.

JJ-

  • Pencil Stache
  • ****
  • Posts: 886
Re: Top is in
« Reply #8543 on: November 05, 2021, 08:26:40 AM »
Looks like another "Happy Highday Friday!" is in order. The Groundhog Top is going to get out of control here in a minute.

I have no more left to give. Jesus take the wheel

EscapeVelocity2020

  • Magnum Stache
  • ******
  • Posts: 4815
  • Age: 50
  • Location: Houston
    • EscapeVelocity2020
Re: Top is in
« Reply #8544 on: November 05, 2021, 08:41:23 AM »
Why did my Bitcoin not double in value today?  Crypto Top is In! 

GuitarStv

  • Senior Mustachian
  • ********
  • Posts: 23129
  • Age: 42
  • Location: Toronto, Ontario, Canada
Re: Top is in
« Reply #8545 on: November 05, 2021, 09:28:08 AM »
US Premarkets are up .   Which guarantees that the market will close UP, DOWN or the SAME.

Long live the TOP!


If you really want the top to be in, you would hope that markets close UP, UP, DOWN, DOWN, LEFT, RIGHT, LEFT, RIGHT, B, A, START.

JJ-

  • Pencil Stache
  • ****
  • Posts: 886
Re: Top is in
« Reply #8546 on: November 05, 2021, 09:41:42 AM »
US Premarkets are up .   Which guarantees that the market will close UP, DOWN or the SAME.

Long live the TOP!


If you really want the top to be in, you would hope that markets close UP, UP, DOWN, DOWN, LEFT, RIGHT, LEFT, RIGHT, B, A, START.

Aw come on you forgot SELECT

maizefolk

  • Walrus Stache
  • *******
  • Posts: 7400
Re: Top is in
« Reply #8547 on: November 05, 2021, 11:45:14 AM »
US Premarkets are up .   Which guarantees that the market will close UP, DOWN or the SAME.

How can I subscribe to your newsletter to get more predictions like this one?

ChpBstrd

  • Walrus Stache
  • *******
  • Posts: 6662
  • Location: A poor and backward Southern state known as minimum wage country
Re: Top is in
« Reply #8548 on: November 05, 2021, 11:51:14 AM »
Did you know bogleheads has their own Top is In thread? It’s called “US Stocks in Freefall” and it started in August 2011 when the DJIA fell 5.6% and the S&P500 fell 6.7% after the U.S. lost its AAA credit rating. People were freaked. Google August 8, 2011 stock market to read some cool articles in the nice clean and fast-loading website formats of yesteryear. For the S&P500, that was 296% ago.

The moral of the story is: bogleheads were wrong about the top (some I’m sure sat in CDs since 2011) and thorsach has a much better track record.

EscapeVelocity2020

  • Magnum Stache
  • ******
  • Posts: 4815
  • Age: 50
  • Location: Houston
    • EscapeVelocity2020
Re: Top is in
« Reply #8549 on: November 05, 2021, 12:04:39 PM »
Did you know bogleheads has their own Top is In thread? It’s called “US Stocks in Freefall” and it started in August 2011 when the DJIA fell 5.6% and the S&P500 fell 6.7% after the U.S. lost its AAA credit rating. People were freaked. Google August 8, 2011 stock market to read some cool articles in the nice clean and fast-loading website formats of yesteryear. For the S&P500, that was 296% ago.

The moral of the story is: bogleheads were wrong about the top (some I’m sure sat in CDs since 2011) and thorsach has a much better track record.

We can only mention Bogleheads if we are knowingly superior…. Because they have missed out on more gains by calling the Top earlier, our Top is in thread is but a pale shadow in their glory.  I might have to use them as an indicator for my next bubble…