Down goes the Dow

Yeah I can't do 50 mpw anymore...I get very dinged up immediately. Been running on these legs for 40 years - they are a bit whiny. So I do 40 running and 12 on a rowing machine - zero impact seems to help.

I try to make up for it with intensity tho - I'm pretty good at getting in 2 workouts per week.

Let's hope for some big overstuffed races in the medium future. I'll probably do Carlsbad in 2022 or 2023 - maybe we can have a morning beer.

Nice!

Carlsbad looks like a really good one for next year that i would definitely consider doing, at least the HM.

It's funny but i see one site saying it is virtual for this year (January), and another site showing an August 15 date, 2021 for it in person, and it is even taking registrations. Which is it?

Anyway, an August race in San Diego must be hot as hell.

* okay so one of the searches was redirecting me to a site for the nearby San Diego Half Marathon, which is being held in August in person. Figured it out. Carlsbad is virtual this year after all.

Seattle,

Thanks. I’ll let you know if 50 becomes a reality. In regards to that, what has worked lately, are three key workouts, two with doubles, other four days just strides and cross training. As you already know, but bears repeating, with age the margin for error shrinks, and you need more recovery.

Igy

agip and Seattle,

If you are running the Carlsbad 5k stay at the Carlsbad Village Motel 6, a block from the start. There is a good Italian Restaurant nearby. If we ever make it there at the same time, I am buying dinner the night before. My brother lives a few hours away, so an easy trip for me in non-Covid times.

In regards to mileage, I am really more the typical distance runner. The more miles, the better, of course age tempered.

Igy

Ghost of Igloi wrote:

Seattle,

Thanks. I’ll let you know if 50 becomes a reality. In regards to that, what has worked lately, are three key workouts, two with doubles, other four days just strides and cross training. As you already know, but bears repeating, with age the margin for error shrinks, and you need more recovery.

Igy

Sounds like a lot.

I have been running about 4 miles every day and one of those days is an interval workout with the running club, and depending on how i feel, a few of the those four milers may turn into a tempo. I have been running by feel and that is a constantly hilly course, btw., and i do about three or four days of weight training, core, what have you on top of that.

I guess i am fortunate to be running like that. Toying with the idea of getting back into a more structured training program. Running club coach would do that if i asked. Undecided.....

Seattle,

Yea, probably too much. The LRC 50s Masters thread is worth a look. Posters log their week on Sundays. Some good runners and ideas for us older folks.

Igy

Ghost of Igloi wrote:

Seattle,

Yea, probably too much. The LRC 50s Masters thread is worth a look. Posters log their week on Sundays. Some good runners and ideas for us older folks.

Igy

Thanks.

And this is just one reason not to buy or sell options. There are many others.

https://twitter.com/chriscamillo/status/1350958011871879169?s=21

Can you tell me what that says and why I should care? The last time someone forced me to read everything they wanted me to, I balked and ended up getting sent to the principal's office, so it didn't work then and it won't now, either.

agip wrote:

And this is just one reason not to buy or sell options. There are many others.

https://twitter.com/chriscamillo/status/1350958011871879169?s=21

That's like saying "stocks are a bad idea" when you hear about idiots who buy the wrong ticker

seattle prattle wrote:

Can you tell me what that says and why I should care? The last time someone forced me to read everything they wanted me to, I balked and ended up getting sent to the principal's office, so it didn't work then and it won't now, either.

probably something like this - "determined contrarian still thinks stocks will go down because of reasons/indicators that were only briefly applicable the 80s"

Dr. Racket wrote:

seattle prattle wrote:

Can you tell me what that says and why I should care? The last time someone forced me to read everything they wanted me to, I balked and ended up getting sent to the principal's office, so it didn't work then and it won't now, either.

probably something like this - "determined contrarian still thinks stocks will go down because of reasons/indicators that were only briefly applicable the 80s"

... and was proven true if you had bought index _ at exactly 12:35 PM on 1/29/2000 and sold at 6:30 AM on 9/23/2002.

Dr. Racket wrote:

seattle prattle wrote:

Can you tell me what that says and why I should care? The last time someone forced me to read everything they wanted me to, I balked and ended up getting sent to the principal's office, so it didn't work then and it won't now, either.

probably something like this - "determined contrarian still thinks stocks will go down because of reasons/indicators that were only briefly applicable the 80s"

Stick to math where you may actually know something.

“Advances in the S&P 500 far beyond reliable valuation norms tend to be transient. In contrast, advances in the S&P 500 toward valuation norms tend to be durable.

Also notice that it took two cycles, not just one, to fully dissipate the valuation extremes observed at the 2000 market peak. It’s instructive to observe that the total return of the S&P 500 lagged Treasury bills for the full period from May 1995 to March 2009, despite two intervening bubbles. Such long, interesting trips to nowhere typically result from of elevated starting valuations, depressed ending valuations, or some combination of both. Given current extremes, that’s exactly what I believe passive investors should expect.”

—John Hussman, January 2021 Market Commentary

seattle prattle wrote:

Dr. Racket wrote:

probably something like this - "determined contrarian still thinks stocks will go down because of reasons/indicators that were only briefly applicable the 80s"

... and was proven true if you had bought index _ at exactly 12:35 PM on 1/29/2000 and sold at 6:30 AM on 9/23/2002.

Actually the NASDAQ Composite fell 82% during that period, and did not reach a new durable high for over 16 years.

Ghost of Igloi wrote:

seattle prattle wrote:

... and was proven true if you had bought index _ at exactly 12:35 PM on 1/29/2000 and sold at 6:30 AM on 9/23/2002.

Actually the NASDAQ Composite fell 82% during that period, and did not reach a new durable high for over 16 years.

All find and good but markets are forward looking.

seattle prattle wrote:

Dr. Racket wrote:

probably something like this - "determined contrarian still thinks stocks will go down because of reasons/indicators that were only briefly applicable the 80s"

... and was proven true if you had bought index _ at exactly 12:35 PM on 1/29/2000 and sold at 6:30 AM on 9/23/2002.

Spot on by both of you.