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The "Buy The Dip" Scheme Explained

Tyler Durden's picture




 

Just because a cartoon can explain QE and POMO better than the mainstream media and blogosphere combined, here is all you needed to know about making money. In short: "Buy the fucking dip." And, h.m.m.m., this is not PG-13.

 

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Thu, 12/02/2010 - 00:16 | 770844 Hephasteus
Hephasteus's picture

Just buy the dip. You will make money. Of course you will only make back what you lose through dollar devluation. You get to pretend you win while you lose.

Gold bitches.

Thu, 12/02/2010 - 00:20 | 770855 Worker Bee
Worker Bee's picture

Uhm..isnt that the same with metals? What are you gonna trade silver and gold in for? More than likely it will be dollars at some point..unless there is a complete societal and economic collapse..but other wise metals go up and when your ready to "cash out" you get shitty dollars.Its all a matter of perception..Im too poor to play in the market but I buy some silver here and there so Im not a "paper bug" but this is a question Ive been pondering.

Thu, 12/02/2010 - 00:28 | 770884 TheGreatPonzi
TheGreatPonzi's picture

You get shitty dollars, but if you cash out, you reasonably expect the new government to act wisely concerning economic issues. And you can see my answer below concerning adjustment speed of markets/PMs to inflation. At first I was answering to Hephasteus.

Thu, 12/02/2010 - 02:07 | 771056 e_goldstein
e_goldstein's picture

"new government" bah ha ha-- you're such an optimist.

Thu, 12/02/2010 - 00:37 | 770898 Blindweb
Blindweb's picture

I'm going to trade them for land, business supplies, and the new dollar as needed.

 

Oh, and the video was f'n hillarious.

Thu, 12/02/2010 - 11:29 | 771656 Max Hunter
Max Hunter's picture

++

F'n hilarious indeed.. !!

Thu, 12/02/2010 - 00:56 | 770949 DeltaDawn
DeltaDawn's picture

I make food. I will not take your dollars soon. I will trade my food for your silver, got it? I will exchange said silver for my production inputs. Just let me know when you need to arrange this transaction.

Thu, 12/02/2010 - 00:58 | 770952 dark pools of soros
dark pools of soros's picture

i just traded silver bars and coins for gold today....  no cash ever went on the table.. 

Thu, 12/02/2010 - 01:14 | 770966 Hook Line and S...
Hook Line and Sphincter's picture

I did the exact opposite. Was it you who I did the transaction with?

By the way, I snapped up .89% FRN gain on the day for the deal, but you likely spent less on fuel and labor in transport.

Thu, 12/02/2010 - 01:57 | 771038 dark pools of soros
dark pools of soros's picture

ha!  perhaps..  i left about $10 difference be forgotten.. i was just glad to find a good shop to make the exchange.   I stocked up on silver last march so had to balance out a bit  (the silver<>gold was very fair in my eyes for shop)

 

Thu, 12/02/2010 - 15:47 | 772892 Popo
Popo's picture

But how did you value your gold and silver?

Thu, 12/09/2010 - 22:08 | 794598 indio007
indio007's picture

Only an IRS agent would ask that question....

The tax free answer though is by weight and fineness ;P

Thu, 12/02/2010 - 02:02 | 771048 LeBalance
LeBalance's picture

The supply of PM is not enough to satisfy the demand required by the fiat present.  In short few can hold actual PM, while many thirst for it.

Price increases beyond a simple proportionate ratio may be due to the outsized demand, mania of groups.

Understanding the possibility of Freegold (FOFOA) and also understanding the possibility of massive war and chaos followed by (wash, rinse, repeat, etc) should temper your overall strategy.

Thu, 12/02/2010 - 03:37 | 771172 AVP
AVP's picture

"mania of groups" is right! People better get theirs why there is still some to get!

http://www.bloomberg.com/news/2010-12-02/china-gold-imports-jump-almost-fivefold-as-inflation-outlook-spurs-demand.html

Just buried 25 canned hams...bitchez

Thu, 12/02/2010 - 10:51 | 771537 Red Neck Repugnicant
Red Neck Repugnicant's picture

You just buried 25 canned hams?

lol

Let me guess....  Republican? Palin? Glenn Beck?

When you buried your hams, did you use your front paws or back paws?

cuckoo cuckoo 

 

Thu, 12/02/2010 - 14:10 | 772413 AVP
AVP's picture

Keep guessing your not even close.

I'm so happy my avatar burns you up ever time you see it.

roflmfao

 

Thu, 12/02/2010 - 04:19 | 771202 M2Market
M2Market's picture

I traded some gold coins for some poontang, a car wash, and a week's worth of day-labor from HDepot parking lot.

Thu, 12/02/2010 - 07:55 | 771299 ibjamming
ibjamming's picture

Wow...get a worker and a girl to keep you occupied while the guy works...what could be better?

Thu, 12/02/2010 - 08:05 | 771306 espirit
espirit's picture

With PM's in hand, you can trade to whatever fiat has the best reputation. 

Thu, 12/02/2010 - 01:02 | 770871 TheGreatPonzi
TheGreatPonzi's picture

The adjustment speed of stock markets to inflation slightly lags behind the adjustment speed of alternate currencies (preferrably hard). In hyperinflation, the stock markets are completely knocked-out.

Which means that not only someone who buys this market without leverage will not make more money in the end, but he will lose a few percentage points.

This means the man who buys this market is a sucker (except when he buys with a high leverage), even when he thinks he's winning.

PS: the 1980-2000 period for gold was the only small exception in history, and it has needed some big central banks/cartel manipulation and leveraged shorts. This problem is solved today as the amount of price suppression needed exceeds the banks capabilities, and the global ponzi comes to an end.

Thu, 12/02/2010 - 01:48 | 771021 66Sexy
66Sexy's picture

++1 I needed to hear this

Thu, 12/02/2010 - 00:21 | 770862 CashCowEquity
CashCowEquity's picture

LMFAO!!!!!!!!!!!!!!!!!!

Thu, 12/02/2010 - 00:22 | 770865 fuu
fuu's picture

h h h m m m.

Thu, 12/02/2010 - 01:39 | 771010 nope-1004
nope-1004's picture

Sounds like Haines and Burnette every morning on CNBS.

Thu, 12/02/2010 - 00:23 | 770867 Mark Noonan
Mark Noonan's picture

Well, think of it this way - those who are doing this are precisely the people who will eventually get wiped out.  And then we'll laugh at them.  And then point.  And then laugh some more.

Thu, 12/02/2010 - 07:19 | 771284 wackyquacker
wackyquacker's picture

yeah, right. They've been getting 'wiped out' for nearly 2 years now.

Thu, 12/02/2010 - 00:26 | 770875 Astute Investor
Astute Investor's picture

I didn't know that Leo is really a cartoon character.

Thu, 12/02/2010 - 00:26 | 770876 RobotTrader
RobotTrader's picture

Hilarious!!!

I should make one of those!!!

Thu, 12/02/2010 - 00:43 | 770904 Spalding_Smailes
Spalding_Smailes's picture

You should have Prechter & John Williams talking about hyperinflation in space suits in front of a 5 year dollar chart.

With Gonzo Lira' as Robot .... danger ..... danger .... will,pretch ...Lol'.... m3 ..danger ...Lol'

 

 

 

 

Thu, 12/02/2010 - 00:43 | 770919 Bill Lumbergh
Bill Lumbergh's picture

Are you implying you did not create this cartoon...all I could hear is buy every 50 DMA pullback...buy every 50 DMA pullback.

Thu, 12/02/2010 - 08:54 | 771333 Dismal Scientist
Dismal Scientist's picture

They're easy to make. My favourite is the 'I trade size' one...

Thu, 12/02/2010 - 00:26 | 770877 Douglasnew
Douglasnew's picture

STFU and buy the dip. Well done, old chap. That certainly was the right advice starting March 2009 when all the Shorts got their Bear arses fried off because the market was not understanding the morality issues, only the Fed. The question you've got to ask yourself, punk, is do you still feel lucky? Well, do ya PUNK?

Thu, 12/02/2010 - 00:35 | 770897 Bay of Pigs
Bay of Pigs's picture

It's magic....just spread the word bitchez...

Thu, 12/02/2010 - 08:46 | 771323 scatterbrains
scatterbrains's picture

It's going to be interesting when the gov. is celebrating all time highs in the markets while the common man is standing barefoot out in the street, homeless without a job. The Bernank is only helping build stronger resolve for peeps to riot and burn the joint down when it's time.

Thu, 12/02/2010 - 00:37 | 770902 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

"Seriously, you are not fucking listening, buy the fucking dip.  If you don't you are a fucking idiot."

Tarintinoesque.

The end is classic; cornering equities, haha!

It's a buy the dip scheme, you feel me?

Now it's time for a fuckin' history lesson, from Mrs Silver Queen.

Mrssilverqueen Discusses the 8 Reale, Monetary History, All While Keeping Silver Sexy!:

http://www.youtube.com/watch?v=nlcDfZKBNqQ

Thu, 12/02/2010 - 01:23 | 770983 EvlTheCat
EvlTheCat's picture

Yea was anyone else inspecting the coin as she was educating the public?

Thu, 12/02/2010 - 01:39 | 771001 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

What about it?  Or do you mean, you were looking at other things....

Thu, 12/02/2010 - 06:53 | 771266 iota
iota's picture

Those are some lovely bits... of silver.

*BOOM! TSCH!*

Thu, 12/02/2010 - 00:38 | 770903 DisparityFlux
DisparityFlux's picture

It's so simple. The HFTs can do it a gazillion times a second.

Thu, 12/02/2010 - 00:39 | 770908 trav7777
trav7777's picture

this is hilarious.  I wish I could borrow enough at 0% to take like KMP private lol

Thu, 12/02/2010 - 00:43 | 770918 cocoablini
cocoablini's picture

I don't give a shit how the fucking market does.
The only asset that does well in inflation,defaltion and Soviet Control Economies(US Fucking A) is gold and gold mining stocks which are futures. Even better- gold juniors since they HAVE gold and not bullshit. If you own Barrick you are a Fucking Idiot.

Thu, 12/02/2010 - 15:56 | 772935 ZeroPower
ZeroPower's picture

Haha

Love the assumption how gold juniors have physical gold.

What did you load up on some TSX-V companies?

Honestly small unknown gold miners are the worse possible play - all they have is shitty estimates of 'gold' in their 'mines' (read: any type of siliceous rock in an area that's not a plane).

Hope this helps.

Thu, 12/02/2010 - 00:44 | 770921 iDealMeat
iDealMeat's picture

TD..  You're waxing heavy comical.. Throwing in the towel?

Thu, 12/02/2010 - 02:08 | 771060 dark pools of soros
dark pools of soros's picture

what's left but gallow humor as we wait for it all to blow???

 

you think there is a way to save the dollar??? any western debt economy??  maybe WWIII as long as they hit the central banks first

Thu, 12/02/2010 - 15:55 | 772927 Popo
Popo's picture

The belief that it's all going "to blow"' is optimistic all by itself. The darker, and more unfortunate scenario is that 'it' won't blow. But all of us will.

History is replete with eras in which the common man is reduced to nothing but pain, misery and abject poverty at the hands of a small powerful minority.

In our optimism we cling to a scenario in which everyone loses. But let's be honest about our current trajectory: we are losing. "they" aren't.

The likely scenario for the next hindered years is the implosion of the middle class and the rise of a new caste system in which a tiny oligarchy holds absolute power.

There will be no mad max scenario. Only oppression.

Thu, 12/02/2010 - 19:39 | 773701 Flushy De Toilette
Flushy De Toilette's picture

I have been warning of exactly this scenario.

The key is to educate the ignorant apathetic masses... so that when "we" all lose... Many will stand up to take "them" with us and set up a new system based on honest money and power to the people.

Wed, 12/15/2010 - 02:22 | 807291 iDealMeat
iDealMeat's picture

and??  so what..  let it die.. 

grow your food. live on..

Thu, 12/02/2010 - 01:10 | 770956 gwar5
gwar5's picture

I saw another similar it was fantastic. Great stuff.

Oh, almost forgot -- "Buy the Fucking Dip Bitchezzz"!

Thu, 12/02/2010 - 01:08 | 770961 TheRoyalWe
TheRoyalWe's picture

We are amused!

Thu, 12/02/2010 - 01:16 | 770971 Cdad
Cdad's picture

http://www.youtube.com/watch?v=FL7yD-0pqZg&feature=related

If you are an adult...and you hate zombies...try the above version.

Thu, 12/02/2010 - 01:25 | 770987 Arkadaba
Arkadaba's picture

++ funny.

Who is making these vids?

Thu, 12/02/2010 - 02:00 | 771044 SilverRhino
SilverRhino's picture

Damn, so now we know that RobotTrader wears green broccolli suits.

 

I need to find the software used for making this video

Thu, 12/02/2010 - 02:33 | 771092 dark pools of soros
dark pools of soros's picture

3D modeler and a voice synth??

Thu, 12/02/2010 - 02:36 | 771099 M.B. Drapier
Thu, 12/02/2010 - 09:31 | 771372 SilverRhino
SilverRhino's picture

thanks

Thu, 12/02/2010 - 02:32 | 771089 silver_serf
silver_serf's picture

This is too true.. we are all looking with our magnifying glasses for cracks in the dam...when the water is starting to come over the top

Thu, 12/02/2010 - 03:10 | 771153 Dave Thomas
Dave Thomas's picture

I almost shot coke out of my nose when the bitch said 'Bernank'.

Thu, 12/02/2010 - 03:21 | 771163 steveo
steveo's picture

Good news, I cut a deal with Breakpoint Trades they are allowing me to post the full-on not watered down version of their stock market newsletter.  
 
You get it for free, visit Hawaii Trading for the link!  
 
http://oahutrading.blogspot.com/2010/12/full-paid-newsletter-for-free- from.html

Thu, 12/02/2010 - 03:49 | 771182 Threeggg
Threeggg's picture
China Blames Its Stock Market Plunge On An Unnamed International Bank

http://www.businessinsider.com/china-blames-stock-market-crash-on-market-manipulation-2010-12#ixzz16wDc6eVF Wonder Who ? Thought this was pretty interesting today !
Thu, 12/02/2010 - 04:30 | 771208 The Mummy
The Mummy's picture

Too funny.. but it's true  "buy the fucking dip!" (for a little while)

Thu, 12/02/2010 - 06:58 | 771270 MarketTruth
MarketTruth's picture

Ahhh yes, the Ben Shalom Bukkake 'put'.

Thu, 12/02/2010 - 07:46 | 771298 nate28jf
nate28jf's picture

m.m.m.m.m. broccoli with dip.  I'm hungry now.

Thu, 12/02/2010 - 08:08 | 771307 hugovanderbubble
hugovanderbubble's picture

The guys that produce these cartoons rockZ¡

 

 Short every pop and rock¡

Sp target 960 ( 2011 )

now 1118

ZeroHedge the best¡

Thu, 12/02/2010 - 08:49 | 771326 Crisismode
Crisismode's picture

The ONLY dip to buy is gold or silver; a winner every time for the last 10 years anyway.

Thu, 12/02/2010 - 09:05 | 771337 Client 9
Client 9's picture

You all miss the point. Those trading the market up seen the scheme and embrace. Those who cling to their stubborn positions get short squeezed to Jupiter. By the time they're proven right they're bankrupt and the buy on the dippers will probably have cashed out and into land.

Gold is going back to $1000/oz.

Thu, 12/02/2010 - 09:10 | 771348 citationneeded
citationneeded's picture

Phil Collins - In  the air tonight comes up as a related video...wtf?

Thu, 12/02/2010 - 10:21 | 771478 Drachma
Drachma's picture

"The supply of PM is not enough to satisfy the demand required by the fiat present."

How did you come to that conclusion? Supply is not the issue, valuation is.

Thu, 12/02/2010 - 11:22 | 771622 A Nanny Moose
A Nanny Moose's picture

Was that the voice of an HFT algo?

Thu, 12/02/2010 - 11:22 | 771626 Smokey1
Smokey1's picture

Nice.

Thu, 12/02/2010 - 11:27 | 771644 Al Smith
Al Smith's picture

Histerical stuff - robots take the emotion right out of it - I may proof my letters this way - LOL!

Thu, 12/02/2010 - 11:44 | 771715 MGA_1
MGA_1's picture

LOL !

Thu, 12/02/2010 - 11:59 | 771775 bobboberson
bobboberson's picture

phenomenal

Sat, 12/04/2010 - 01:57 | 777702 steveo
steveo's picture

I have long been amazed that what I consider to be "basic data" can be so hard to come by.   Ask your realtor for a time series of prices in a certain neighborhood, and they will look at you like you are from Mars.   Why?   Well because this is a good time to sell (insert vacacious reason of whim here) and this is a good time to buy (insert vacacious reason of whim here), so historical pricing makes no sense.

Try to get good data on the indices going back a hundred years....good luck.

Even getting commodity prices is a feat.   Wish I still had access to the full on Bloomberg, but alas that is no more.   Costs around $30,000 a year, I had it for free.

So here is the project.   Search out and upload "Real Data Series" of all sorts, and post them as direct downloads on Hawaii Trading.

You got Data?   Send it over, I will post it up.    Knowledge can be freedom and power.   Let's create freedom and power, for free.

First chart / Excel is by me (Courtesy of the Perth Mint).   This chart data is down-loadable in Excel at Hawaii Trading.   Within 2 months, my goal is to have 25 spreadsheets with valuable data, available for free.  

The Excel format is sloppy, it took me 30 minutes to whip it into this shape as they had odd date formatting.

http://oahutrading.blogspot.com/p/real-data-series.html

Do NOT follow this link or you will be banned from the site!