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Old 07-19-2021, 08:39 AM   #41
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Umm, time for the drop from the top of the hill. On real roller coasters, that's when you shout out and say "WHEEEEEE!!!!"

I'm neither happy nor unhappy about the number on the screen. It only matters when I sell. And I only sell a little at a time. It has to last 30+ years, not just one day. So today I don't look at the portfolio, as my behavior won't change, but my mood might. Time to enjoy music, my home, and the sunshine outside.
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Old 07-19-2021, 08:49 AM   #42
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Umm, time for the drop from the top of the hill. On real roller coasters, that's when you shout out and say "WHEEEEEE!!!!"

I'm neither happy nor unhappy about the number on the screen. It only matters when I sell. And I only sell a little at a time. It has to last 30+ years, not just one day. So today I don't look at the portfolio, as my behavior won't change, but my mood might. Time to enjoy music, my home, and the sunshine outside.


Yeah, donít take my comment too seriously.
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Old 07-19-2021, 11:01 AM   #43
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I haven't been watching the market today! Just a minute while I go see how my portfolio is doing.....


********************************************
********************************************
EDITED TO ADD:

WHEEEE!!!!! Out of this world! The Dow is at 34,996 (mind-blowing!) and once again, between my portfolio and bank accounts, I have more money than ever before in my entire 73-year-old LIFE!

Does this make me happy or what? Hope you all are happy about today's market closing, too.
And there you go. You had to say it and that day could be the start of a little correction possibly in progress.
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Old 07-19-2021, 11:12 AM   #44
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Yeah, donít take my comment too seriously.
Of course not.
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Old 07-19-2021, 11:29 AM   #45
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Of course not.

I did sell two loser stocks today for the tax loss. Itíll offset some gains from earlier this year. I immediately put them back to work in a variety of different stocks not in the same industry.
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Old 07-19-2021, 11:51 AM   #46
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I did sell two loser stocks today for the tax loss. It’ll offset some gains from earlier this year. I immediately put them back to work in a variety of different stocks not in the same industry.

I did sell a portion of one loser today too (to much exposure).


However, I bought some others late Friday and buying more today. Not a lot, but 4 or 5% of my dry powder so far. I'll keeping buying this week if it keeps heading south until I get to about 10% and then see how things are going at that point in time. Probably will rinse and repeat, if necessary. Hope this time it's not going to be different.
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Old 07-19-2021, 12:18 PM   #47
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Nice little dip today. I dropped some dry powder from a matured CD into VOO. I'll be keeping an eye out for "Wheeees" in the future.

We need rain here, so I'm going to wash my car now.
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Old 07-19-2021, 12:36 PM   #48
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We need rain here, so I'm going to wash my car now.
If you need rain badly, make sure you go to a car wash and upgrade to the most expensive one they offer. That should do it.
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Old 07-19-2021, 05:09 PM   #49
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Buy The Dip!

buy the dip.jpg
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Old 07-19-2021, 05:33 PM   #50
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Buy The Dip!

Easy to say "Buy, buy, buy" when you have the cash.

My cash is running low. It was a 7-figure this time last year, but is no more as I have had a few puts assigned since then. And I am the kind of guy who does not hate cash, and don't mind keeping a stack.

So, I did what I could: sold a pharmaceutical ETF to buy a semiconductor ETF, the latter being hit harder the last two weeks. This, despite being overweighed in semiconductor already, so I did just a bitty bit to tell myself I bought low.

Time will tell if it's a good move.
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Old 07-20-2021, 08:17 AM   #51
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Too late!



Remember when the Dow bottomed out at (IIRC?) 6547 on 3/9/2009? Not that long ago, right? And now it's over 5 times that much.


That clip is very very strange. Iíve seen it before and never noticed the singing is AWFUL. Sounds like Alvin and the Chipmunks. What language is that at 1:39 when the lead singer peers directly into camera lens?
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Old 07-20-2021, 08:39 AM   #52
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What language is that at 1:39 when the lead singer peers directly into camera lens?
I believe that's Pig Latin. Growing up in England, our family called it back slang, which I only just discovered was incorrect. Back slang is a different form of coded language, in which the words are pronounced phonemically backwards. Apparently, it was used in Victorian England, when sellers used it to converse behind their customer's backs.
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Old 07-20-2021, 08:41 AM   #53
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I believe that's Pig Latin. Growing up in England, we had a different name for it, which eludes me now.
Pig Latin - another forgotten "language".
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Old 07-20-2021, 02:15 PM   #54
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Pig Latin - another forgotten "language".
Ah, yes. Igpa Atinla. Big sis and I got pretty good at it back in the day.

Another "kids'" language ("Gibberish") is demonstrated in the movie "Slums of Beverly Hills" with Natasha Lyonne and Marisa Tomei. Kinda cool exchanges between the two - but YMMV.
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Old 07-20-2021, 02:22 PM   #55
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Why is it that this tangent brought to mind this:

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Old 07-20-2021, 02:31 PM   #56
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Why is it that this tangent brought to mind this:

Gotta be my favorite Three Stooges "episode." Saw it at about age 12 or 13. Had to run home from middle school (used to be called Jr. High) to see the show which always featured several Stooges shorts.
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Old 07-20-2021, 02:36 PM   #57
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Gotta be my favorite Three Stooges "episode." Saw it at about age 12 or 13. Had to run home from middle school (used to be called Jr. High) to see the show which always featured several Stooges shorts.
Well here is another one, on topic (with the tangent):

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Old 07-20-2021, 02:39 PM   #58
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That clip is very very strange. Iíve seen it before and never noticed the singing is AWFUL. Sounds like Alvin and the Chipmunks. What language is that at 1:39 when the lead singer peers directly into camera lens?
Ginger Rogers singing in Pig Latin.

You have to realize that audio recordings were absolutely horrible at the time.
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Old 07-20-2021, 02:51 PM   #59
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Since we're WAY off topic here, how about the name game by Shirley Ellis.






https://www.lyrics.com/lyric/33986619/The+Name+Game

IIRC within a few weeks of this song coming out, several boys were walking down the halls of the high school singing "Chuck, Chuck, bo buck - followed by wails of laughter. Maybe you had to be there so YMMV.

Now returning you.........
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Old 07-23-2021, 11:34 AM   #60
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Market may keep making new highs and I know we shouldn't market time but....
Does any body else find this chart a little ominous.
This is the S&P since 1978 or so. Makes the dot com run up look mild.
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