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Huh? Didn't the S&P 500 hit a record high yesterday? And you're priding yourself on missing it because you tried to time the market?Looks like I was a tad early but since March 5th, the Nasdaq has been on a course of lower highs and lower lows. Huge crater going on right now. If we close below 4150, the trend continues.
I think he's trying to schtick you all. Maybe.Huh? Didn't the S&P 500 hit a record high yesterday? And you're priding yourself on missing it because you tried to time the market?
Good luck with that.
Something like that.I think he's trying to schtick you all. Maybe.Huh? Didn't the S&P 500 hit a record high yesterday? And you're priding yourself on missing it because you tried to time the market?
Good luck with that.
However, the market is at record levels of margined $. It will collapse eventually.
Please let us know when, so we can all pull out 4 years after that date. TIA.lod01 said:Something like that.culdeus said:I think he's trying to schtick you all. Maybe.IvanKaramazov said:Huh? Didn't the S&P 500 hit a record high yesterday? And you're priding yourself on missing it because you tried to time the market?lod01 said:
Good luck with that.
The sun is going to expand and swallow the planet, eventually.lod01 said:Something like that.culdeus said:I think he's trying to schtick you all. Maybe.IvanKaramazov said:Huh? Didn't the S&P 500 hit a record high yesterday? And you're priding yourself on missing it because you tried to time the market?lod01 said:
Good luck with that.
Just like Kirstie Alley.The sun is going to expand and swallow the planet, eventually.lod01 said:Something like that.culdeus said:I think he's trying to schtick you all. Maybe.IvanKaramazov said:Huh? Didn't the S&P 500 hit a record high yesterday? And you're priding yourself on missing it because you tried to time the market?lod01 said:
Good luck with that.
TrueJust like Kirstie Alley.The sun is going to expand and swallow the planet, eventually.lod01 said:Something like that.culdeus said:I think he's trying to schtick you all. Maybe.IvanKaramazov said:Huh? Didn't the S&P 500 hit a record high yesterday? And you're priding yourself on missing it because you tried to time the market?lod01 said:
Good luck with that.
Keerock said:A LITTLE early? Didn't you start this thread in Sept, 2012?lod01 said:
A LITTLE early? Didn't you start this thread in Sept, 2012?
I agree. Back in April 2000, the S&P was at 1527, so even after the recent run up, the S&P is up 20% in 14 years. Earnings in 2000 were around $56 and earnings in 2013 were $107. I know 2000 was overvalued, but still, up 20% in 14 years, that is about a 1% return per year. I would bet that has to be one of, if not THE worst 14 year return of all time. People have such short term memories and think this is like the 1982-2000 bull market. Take the last 14 years of that from 1986 to 2000, which includes the huge drop in 1987 and the recession of the early 90's. Despite all of that, the S&P went from 250 to 1500, i.e. a 600% return. 600% is slightly better than 20%.
Well, that's not what I said. I did say I think the bull market might be ending and that I am going to take action on that belief by locking in some of the gains I've enjoyed over the last 5+ years, gains that resulted from investing heavily in stocks at a time when people actually were panicking and pulling out of the market.
It appears that I called the S&P top at just under 1%. S&P now down 3.5% from my call. Basically nailed the top of the naz at about 4345 (top being 4362). Naz down 10% from my call.Well that and he is cherry picking the Nasdaq when the S&P is still up from his latest call on March 3rd, even with today as well.A LITTLE early? Didn't you start this thread in Sept, 2012?
Things appear to be hitting a head, but as I mentioned in several thread here a couple years ago, we were hitting record corporate profits year over year even though the stock market literally hadn't gone up at all since the 1999/2000 peak. It was something like 10 years with 0% return, which was worse than any ten year period I had ever seen, even the great depression. This is all from memory, but still it definitely made me realize that there was going to be a nice run. Wish I had had more cash laying around, but my retirement accounts have done much better of late.
To paraphrase from the Princess Bride: "I do not think this chart means what you think it means."
Wow, after an almost 300% run-up, you called it? Impressive, especially since you called it wrong before. Also, there are always dips and pops. Saying you called it now is meaningless. If you called a top in January, you looked good at the beginning of February and then looked bad in March. Don't pat yourself on the back yet. Calling a dip after a 300% run-up in 5 years isn't even a good call when you said that it wasn't going to do well a while ago and missed out on a ton of gains.It appears that I called the S&P top at just under 1%. S&P now down 3.5% from my call. Basically nailed the top of the naz at about 4345 (top being 4362). Naz down 10% from my call.Well that and he is cherry picking the Nasdaq when the S&P is still up from his latest call on March 3rd, even with today as well.A LITTLE early? Didn't you start this thread in Sept, 2012?
Things appear to be hitting a head, but as I mentioned in several thread here a couple years ago, we were hitting record corporate profits year over year even though the stock market literally hadn't gone up at all since the 1999/2000 peak. It was something like 10 years with 0% return, which was worse than any ten year period I had ever seen, even the great depression. This is all from memory, but still it definitely made me realize that there was going to be a nice run. Wish I had had more cash laying around, but my retirement accounts have done much better of late.
And that would be when? I made 1 call near the end of the day on March 3rd. You are just sour grapes that I almos tnailed it perfectly. You are probably riding the market down.Wow, after an almost 300% run-up, you called it? Impressive, especially since you called it wrong before. Also, there are always dips and pops. Saying you called it now is meaningless. If you called a top in January, you looked good at the beginning of February and then looked bad in March. Don't pat yourself on the back yet. Calling a dip after a 300% run-up in 5 years isn't even a good call when you said that it wasn't going to do well a while ago and missed out on a ton of gains.It appears that I called the S&P top at just under 1%. S&P now down 3.5% from my call. Basically nailed the top of the naz at about 4345 (top being 4362). Naz down 10% from my call.Well that and he is cherry picking the Nasdaq when the S&P is still up from his latest call on March 3rd, even with today as well.A LITTLE early? Didn't you start this thread in Sept, 2012?
Things appear to be hitting a head, but as I mentioned in several thread here a couple years ago, we were hitting record corporate profits year over year even though the stock market literally hadn't gone up at all since the 1999/2000 peak. It was something like 10 years with 0% return, which was worse than any ten year period I had ever seen, even the great depression. This is all from memory, but still it definitely made me realize that there was going to be a nice run. Wish I had had more cash laying around, but my retirement accounts have done much better of late.
That said, I kind of agree with you. I think we are at a top for a bit.
I am not sure I see the same thing. IMHO, in doing that it looks more like 2000 went out of whack too high and then 2008 went out of whack too low. If you draw a line through those bumps, it seems like the current action got things back to where they should have been if it were smooth like before.
Huh? One month after your call, the S&P was up almost 3%. Also, the S&P is down 23 points from COB March 3rd (1845.73) right now on a down day or barely over 1%. As of the last market close the S&P 500 is less than 1% from your "nailed" prediction. Man, what a tailspin. I am down almost 1% based on the last market close.And that would be when? I made 1 call near the end of the day on March 3rd. You are just sour grapes that I almos tnailed it perfectly. You are probably riding the market down.Wow, after an almost 300% run-up, you called it? Impressive, especially since you called it wrong before. Also, there are always dips and pops. Saying you called it now is meaningless. If you called a top in January, you looked good at the beginning of February and then looked bad in March. Don't pat yourself on the back yet. Calling a dip after a 300% run-up in 5 years isn't even a good call when you said that it wasn't going to do well a while ago and missed out on a ton of gains.It appears that I called the S&P top at just under 1%. S&P now down 3.5% from my call. Basically nailed the top of the naz at about 4345 (top being 4362). Naz down 10% from my call.Well that and he is cherry picking the Nasdaq when the S&P is still up from his latest call on March 3rd, even with today as well.A LITTLE early? Didn't you start this thread in Sept, 2012?
Things appear to be hitting a head, but as I mentioned in several thread here a couple years ago, we were hitting record corporate profits year over year even though the stock market literally hadn't gone up at all since the 1999/2000 peak. It was something like 10 years with 0% return, which was worse than any ten year period I had ever seen, even the great depression. This is all from memory, but still it definitely made me realize that there was going to be a nice run. Wish I had had more cash laying around, but my retirement accounts have done much better of late.
That said, I kind of agree with you. I think we are at a top for a bit.
Nailed it. Right now the S&P 500 is 0.149% lower than your call of the top. Congratulations. You nailed it yet again. My work 401k is down a whopping $200+. I am on a death spiral, down to nothing.And that would be when? I made 1 call near the end of the day on March 3rd. You are just sour grapes that I almos tnailed it perfectly. You are probably riding the market down.Wow, after an almost 300% run-up, you called it? Impressive, especially since you called it wrong before. Also, there are always dips and pops. Saying you called it now is meaningless. If you called a top in January, you looked good at the beginning of February and then looked bad in March. Don't pat yourself on the back yet. Calling a dip after a 300% run-up in 5 years isn't even a good call when you said that it wasn't going to do well a while ago and missed out on a ton of gains.It appears that I called the S&P top at just under 1%. S&P now down 3.5% from my call. Basically nailed the top of the naz at about 4345 (top being 4362). Naz down 10% from my call.Well that and he is cherry picking the Nasdaq when the S&P is still up from his latest call on March 3rd, even with today as well.A LITTLE early? Didn't you start this thread in Sept, 2012?
Things appear to be hitting a head, but as I mentioned in several thread here a couple years ago, we were hitting record corporate profits year over year even though the stock market literally hadn't gone up at all since the 1999/2000 peak. It was something like 10 years with 0% return, which was worse than any ten year period I had ever seen, even the great depression. This is all from memory, but still it definitely made me realize that there was going to be a nice run. Wish I had had more cash laying around, but my retirement accounts have done much better of late.
That said, I kind of agree with you. I think we are at a top for a bit.
Lod01 = MiscellaneousNailed it. Right now the S&P 500 is 0.149% lower than your call of the top. Congratulations. You nailed it yet again. My work 401k is down a whopping $200+. I am on a death spiral, down to nothing.And that would be when? I made 1 call near the end of the day on March 3rd. You are just sour grapes that I almos tnailed it perfectly. You are probably riding the market down.Wow, after an almost 300% run-up, you called it? Impressive, especially since you called it wrong before. Also, there are always dips and pops. Saying you called it now is meaningless. If you called a top in January, you looked good at the beginning of February and then looked bad in March. Don't pat yourself on the back yet. Calling a dip after a 300% run-up in 5 years isn't even a good call when you said that it wasn't going to do well a while ago and missed out on a ton of gains.It appears that I called the S&P top at just under 1%. S&P now down 3.5% from my call. Basically nailed the top of the naz at about 4345 (top being 4362). Naz down 10% from my call.Well that and he is cherry picking the Nasdaq when the S&P is still up from his latest call on March 3rd, even with today as well.A LITTLE early? Didn't you start this thread in Sept, 2012?
Things appear to be hitting a head, but as I mentioned in several thread here a couple years ago, we were hitting record corporate profits year over year even though the stock market literally hadn't gone up at all since the 1999/2000 peak. It was something like 10 years with 0% return, which was worse than any ten year period I had ever seen, even the great depression. This is all from memory, but still it definitely made me realize that there was going to be a nice run. Wish I had had more cash laying around, but my retirement accounts have done much better of late.
That said, I kind of agree with you. I think we are at a top for a bit.
LOL, I hope we aren't jinxing it, but gotta love someone patting himself on the back for a great call of the market top and others losing their shirt and less than 24 hours later the S&P is above his call. You really can't make this stuff up.
Apparently you can't do math (no surprise) nor can you read as my call was on March 3rd near the close which means it was higher than it is now and look who is cherry picking now. That would be you using the S&P as the gauge.
Please just stop. Are you actually trying to say that the S&P 500 is a bad gauge of the market? What common index is better?
LHUCKS put enough idiocy into this thread to last us a long time. You don't need to top off the tank.
Any time any one calls "top" or "bottom", that is pretty much an indication that they have no clue what investing is about and are trying to simplify it for themselves down to a simple gambling call.
here is a news flash.
In fairness, I'm sure LHUCKS has called "top" or "bottom" lots of times in contexts that had nothing to do with investing.
I think you were wrong.And that would be when? I made 1 call near the end of the day on March 3rd. You are just sour grapes that I almos tnailed it perfectly. You are probably riding the market down.Wow, after an almost 300% run-up, you called it? Impressive, especially since you called it wrong before. Also, there are always dips and pops. Saying you called it now is meaningless. If you called a top in January, you looked good at the beginning of February and then looked bad in March. Don't pat yourself on the back yet. Calling a dip after a 300% run-up in 5 years isn't even a good call when you said that it wasn't going to do well a while ago and missed out on a ton of gains.That said, I kind of agree with you. I think we are at a top for a bit.It appears that I called the S&P top at just under 1%. S&P now down 3.5% from my call. Basically nailed the top of the naz at about 4345 (top being 4362). Naz down 10% from my call.Well that and he is cherry picking the Nasdaq when the S&P is still up from his latest call on March 3rd, even with today as well.Things appear to be hitting a head, but as I mentioned in several thread here a couple years ago, we were hitting record corporate profits year over year even though the stock market literally hadn't gone up at all since the 1999/2000 peak. It was something like 10 years with 0% return, which was worse than any ten year period I had ever seen, even the great depression. This is all from memory, but still it definitely made me realize that there was going to be a nice run. Wish I had had more cash laying around, but my retirement accounts have done much better of late.A LITTLE early? Didn't you start this thread in Sept, 2012?
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