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BTFD?

Tyler Durden's picture




 

Will you? Or won't you?

 

We've seen this size drop before (blue middle pane) - so what to do?

 

This chap seems pretty sure...

 

But one look at the following may raise an eyebrow...

Other markets seem to disagree..

 

 

 

 

 

As do the fundamentals...

 

 

 

 

Charts: Bloomberg

 

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Fri, 05/31/2013 - 17:26 | 3615226 Zero Govt
Zero Govt's picture

i bought the dip in Silver, all outta chips ZH, sorry!

next...

Fri, 05/31/2013 - 17:35 | 3615261 Pladizow
Pladizow's picture

When I dip, you dip, we dip: http://www.youtube.com/watch?v=dZPQdZLyHYE

Fri, 05/31/2013 - 17:36 | 3615265 King_of_simpletons
King_of_simpletons's picture

I am going in with all hands and legs and BTFD.

Today's crash aka market rout aka armageddon is a buy signal ;-p

Fri, 05/31/2013 - 17:40 | 3615274 Kiss My Iceland...
Kiss My Icelandic Ass's picture

 

 

Buy, sell, hold, whatever. There are no "markets".

Fri, 05/31/2013 - 18:01 | 3615323 CH1
CH1's picture

+ 10

There are no markets.

Fri, 05/31/2013 - 18:04 | 3615336 bania
bania's picture

Will buy Monday aft, and sell Tuesday aft. GUARANTEED MONEY. #winning

Fri, 05/31/2013 - 18:06 | 3615339 Napoleon
Napoleon's picture

this time its different......

Fri, 05/31/2013 - 18:48 | 3615445 fourchan
fourchan's picture

STFD

Fri, 05/31/2013 - 23:22 | 3616040 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

STFD

Smoke the fucking doobie?

...one step ahead of you

Fri, 05/31/2013 - 18:14 | 3615360 holdbuysell
holdbuysell's picture

I couldn't agree more. :)

holdbuysell

Fri, 05/31/2013 - 18:37 | 3615407 Goldenballs
Goldenballs's picture

Just print the money and buy it,don,t pay it back just borrow some more,just remember the fed is not like your local dealer they never get busted,just print and borrow,what part of that do you not f*****g undrstand.

This post was never posted,this conversation never took place I was in Australia at the time your honour.

 

Fri, 05/31/2013 - 21:37 | 3615866 Go Tribe
Go Tribe's picture

Bought some bonds.

Sat, 06/01/2013 - 09:19 | 3616347 Lets Buy The Dip
Lets Buy The Dip's picture

no no no.. rules in a bear market is buy until it hurts.

 

Sick of the end of QE bullshit, and all the rest, and japanese whalers crashing nikkei, 

 

This video here tells the story [CLICK HERE]

 

pretty obvious, that the charts are screaming we will be up at 1750 by end of this year, forget hindenburg and cnbc ....those guys blow.

Fri, 05/31/2013 - 17:26 | 3615227 Canadian Dirtlump
Canadian Dirtlump's picture

I'll be buying it in silver, indeed. I need to average down so I'm not so embarrassed. LOL! Wood Bison's are still cheap.

Fri, 05/31/2013 - 17:51 | 3615300 Timmay
Timmay's picture

It won't be long before we see a Big dip, then a smaller rally, small dip but then a smaller rally than the dip. Soon there will be a trend line down BUT, the call will still be BTFD! There will be a bump up, but not back to original levels. So, more dips than bumps is a "controlled crash" before the sudden realization from the masses that this bitch is going down and everyone wants out.

Only a handful of people will be "rich" just like it was before the crash, during the crash and after it. Joe six pack is F-cked because if he didn't BTFD he sure as hell is going to have to pay for it. You see human labor is 100% bonafide quality collatoral.

This WHOLE thing is going to fall on human capital, but first let's blow a credit bubble based on future human capital, crash it, re-write a new system and change the laws and presto, Joe six pack works for us wether he likes it or not.

I am addicted to ZH because it is like NASCAR, I come to see the wrecks. The world is F-ing insane right now and it feels like it SHOULD fly apart at the seams any day now. Somehow it hasn't (at least where I am globally). AMAZING.

 

 

Fri, 05/31/2013 - 18:15 | 3615361 CrashisOptimistic
CrashisOptimistic's picture

How about futures down 20% on some Sunday night.  Market can't open Monday morning.  Circuit breakers.

Monday night . . . another 20% down.  Same thing.  Can't open.  No one can get out.

Tuesday night, SAME THING.  Prices indicated by futures now down 60% from that Friday's close. Market closed 3 days.

What happens then?

Fri, 05/31/2013 - 18:21 | 3615378 Timmay
Timmay's picture

Vaseline futures through the roof....

Fri, 05/31/2013 - 18:40 | 3615417 Goldenballs
Goldenballs's picture

Anybody want any Paper Gold or Paper Silver very cheap price,you know you really want some,I would sell you some real stuff but I,ve sold out ......... ha ha ha .

Fri, 05/31/2013 - 20:35 | 3615748 earnyermoney
earnyermoney's picture

lots of people jumping from high buildings in NY?

Fri, 05/31/2013 - 20:43 | 3615768 asteroids
asteroids's picture

If you are sitting 100% in cash, you just sit back and watch.

Fri, 05/31/2013 - 20:51 | 3615789 perelmanfan
perelmanfan's picture

Don't watch too long. Weimar World makes that a risky choice, too.

Sat, 06/01/2013 - 03:04 | 3616193 BadKiTTy
BadKiTTy's picture

@ Timmay - could not have said it better myself. 

 

K@

Fri, 05/31/2013 - 17:27 | 3615233 syntaxterror
syntaxterror's picture

Too late. Market closed at 4pm.

Fri, 05/31/2013 - 18:48 | 3615444 max2205
max2205's picture

If only a Japanese reactor could blow up or Greece have a problem refinancing their debt....oh wait

 

I wouldnt get too excited, we haven't even hit the major moving averages yet

Fri, 05/31/2013 - 22:34 | 3615963 Paveway IV
Fri, 05/31/2013 - 17:27 | 3615236 Muppet
Muppet's picture

Its not if I'll buy.... its what the Street is going to do.

Fri, 05/31/2013 - 17:29 | 3615241 Ldg433
Ldg433's picture

Too obvious now. This will end just like Tuesday up days will end this Tuesday too.

Fri, 05/31/2013 - 17:38 | 3615270 underman
underman's picture

Oh cmon, you're not listening.  BTFD!

Fri, 05/31/2013 - 19:13 | 3615522 RebelDevil
RebelDevil's picture

Bahaha did someone say Hinderberg Omen!? Twice within 6 weeks seems like a bearish indicator to me!
I'm not dumb enough to play this double or nothing game this time!

Fri, 05/31/2013 - 17:40 | 3615276 DeadFred
DeadFred's picture

Two million dollars in options purchased by somebody today saying the DOW will drop as much as 38% by year's end. That's a lot of fiat to put on the line based on just a feeling we are just a bit overstretched. The top is in. 

Fri, 05/31/2013 - 17:54 | 3615311 SAT 800
SAT 800's picture

Ive been short the S&P500 from 1660, basis Sept. for a couple of days now; haven't been stopped out yet; that's all I know. I like the odds better on the downside. If I get stopped out; I'll short it again when I like the charts.

Fri, 05/31/2013 - 20:39 | 3615753 Ness.
Ness.'s picture

I saw that DJX vol in Dec 13 P's today too. Wow.  'Put' a smile on my face. 

Fri, 05/31/2013 - 21:07 | 3615818 Blano
Blano's picture

That just sounds like your basic big boy hedge to me.  Those guys spend 2 million farting sideways.

Fri, 05/31/2013 - 17:30 | 3615244 bonzo112358
bonzo112358's picture

Although I did sell my SDS at the close still net short here.  Hard to cover everything when you have this much bifurcation.

Fri, 05/31/2013 - 17:35 | 3615264 Frank N. Beans
Frank N. Beans's picture

Exactly.  All week my dividend payers have been getting battered, as well as my US bonds.  I thought these were relatively safe areas.  Seems like nothing is "safe" now.

 

Fri, 05/31/2013 - 17:56 | 3615315 SAT 800
SAT 800's picture

What a naive idea; you thought your dividend payers were safe? People believe whatever they want to believe I suppose. Trading is the only thing that's safe; use stop losses and be nimble. Buy and hold is gone forever.

Sat, 06/01/2013 - 15:02 | 3616820 mkkby
mkkby's picture

Stop losses?  How quaint.  I guess a few people never heard of flash crashes and still think actual people are trading against them.

Trading is safe... this idiot is bringing a knife to a nuclear missle fight.

Fri, 05/31/2013 - 17:33 | 3615252 prains
prains's picture

Burnt Turds For Deposit

Fri, 05/31/2013 - 17:33 | 3615255 Number 156
Number 156's picture

CTFK?

Fri, 05/31/2013 - 17:34 | 3615256 fonzannoon
fonzannoon's picture

Not a chance. forget equities. they are toast. The only question now is about rates and gold.

Fri, 05/31/2013 - 17:35 | 3615262 disabledvet
disabledvet's picture

if no one is long the weekend...why would i buy on Monday?

Fri, 05/31/2013 - 17:58 | 3615319 SAT 800
SAT 800's picture

Well, why forget about equities when they have contracts to short them? I don't know what's going to happen next month, but I know I can bet that the market will go down and limit my losses if it doesn't. instead of forgetting equities I'd prefer that they pay me.

Fri, 05/31/2013 - 18:03 | 3615332 fonzannoon
fonzannoon's picture

agreed, this was whether or not to BTFD.

Fri, 05/31/2013 - 17:34 | 3615260 orez65
orez65's picture

Just BTFD you FI!!

Fri, 05/31/2013 - 17:35 | 3615263 semperfi
semperfi's picture

Absolutely! But on the dip when DOW:gold approaches 1:1

Fri, 05/31/2013 - 17:38 | 3615267 Downtoolong
Downtoolong's picture

BTFD?

If you're talking about silver, I'ts already done. But, thanks for the tip anyway.

Fri, 05/31/2013 - 17:38 | 3615268 Bay of Pigs
Bay of Pigs's picture

BTFD = BTDM 

Or is it BTDS? (Buy The Dip Scheme)

Fri, 05/31/2013 - 17:41 | 3615272 e m m
e m m's picture

Looks like the damped harmonic oscillators gaining ground again in the market, but Ben will finish repairing the 555 timer IC based ramp generator on the weekend, that will solve this once again.

Fri, 05/31/2013 - 17:42 | 3615279 fonzannoon
fonzannoon's picture

Ben is gone. He is like the captain on that carnival cruise line. everyone is running around screaming because the boat hit the rocks and he is already in a cab.

Fri, 05/31/2013 - 17:51 | 3615299 Everybodys All ...
Everybodys All American's picture

Listening to CNBC today for a bit and one trader said they heard a rumor of Ben retiring. I'd say it's more a realization that his PHD is a fraud.

Fri, 05/31/2013 - 17:53 | 3615308 fonzannoon
fonzannoon's picture

Can anyone tell me what that U.S mint gold coin sales data is about? I'm on mobile and can't click on it

Fri, 05/31/2013 - 18:23 | 3615379 Being Free
Being Free's picture

 

Previous Weekly Weekly Sales May Sales Sales Total American Buffalo Gold Coins (1 oz) 3,500 1,500 12,500 144,500 American Eagle Gold Coins (1 oz) 20,000 4,000 54,000 488,000 American Eagle Gold Coins (1/2 oz) 1,000 0 2,000 42,000 American Eagle Gold Coins (1/4 oz) 2,000 2,000 6,000 78,000 American Eagle Gold Coins (1/10 oz) 0 50,000 50,000 350,000 American Silver Eagle (1 oz) 866,500 858,500 3,458,500 21,768,500 2013 White Mountain 5 oz Silver Coins 10,600 2,500 25,800 25,800

 

Down a bit, blamed on holiday weekend.  Sorry about the shitty (ok, unreadable) format Fonz

Fri, 05/31/2013 - 18:33 | 3615395 fonzannoon
fonzannoon's picture

Thank you very much being free.

Fri, 05/31/2013 - 20:48 | 3615780 nmewn
nmewn's picture

Saw that...meanwhile, O'Barry is ringing up 180k flights on Air force One almost daily.

Somethings gonna give.

Fri, 05/31/2013 - 17:56 | 3615317 ekm
ekm's picture

I think that Ben rebelled was was shown the door.

White house rules.

Fri, 05/31/2013 - 18:02 | 3615328 fonzannoon
fonzannoon's picture

I just started a rumor in my living room that he will be gone by Monday.

Fri, 05/31/2013 - 18:07 | 3615341 SPAREPARTS
SPAREPARTS's picture

Yeah, him and jeff shiller

Fri, 05/31/2013 - 18:53 | 3615461 max2205
max2205's picture

Sure, Summers name is being ballooned. ... vomit jaba the hut.  Imagine that and all the BS that comes with him...

Fri, 05/31/2013 - 17:47 | 3615290 DeadFred
DeadFred's picture

Didn't the factory that makes those parts get washed away by the tsunami? Too bad all the capex money is going into stock buybacks or they could have repaired the plant by now.

Fri, 05/31/2013 - 17:41 | 3615278 Harry Dong
Harry Dong's picture

BUY! BUY! BUY! /sarc

Fri, 05/31/2013 - 17:45 | 3615283 Skin666
Skin666's picture

BANG!

KNOCK OUT!

TYLER DURDEN(S) WINS!

 

Fri, 05/31/2013 - 17:50 | 3615297 luna_man
luna_man's picture

 

 

Dip?...My money is on the full blown "CORRECTION"!

Fri, 05/31/2013 - 17:53 | 3615307 Blano
Blano's picture

I did not buy it.  Watching only.

Now silver, I'm a buyer all the way down.

Fri, 05/31/2013 - 17:56 | 3615314 Skin666
Skin666's picture

OT

Anyone heard Ann Barnhardt going full retard?

Impressive!

http://silverdoctors.com/obama-intends-to-collapse-us-economy-ann-barnha...

Fri, 05/31/2013 - 19:07 | 3615506 slimething
slimething's picture

She be da man!

Sat, 06/01/2013 - 00:08 | 3616095 CitizenPete
CitizenPete's picture

Is it just me, or does anyone else see this when you listen to her? http://bit.ly/dScVYN

Sat, 06/01/2013 - 14:31 | 3616740 StarTedStackin'
StarTedStackin''s picture

I find it scary that you have that link.........

 

 

unless you are 12 or something

Fri, 05/31/2013 - 18:04 | 3615322 virgilcaine
virgilcaine's picture

Hey he was just an Econ. Professor ! What did you guys expect? Miracles? hehehe.... Now comes the Bernank MSM takedown from "High God of Finance" to "Humble College Professor".

Fri, 05/31/2013 - 18:01 | 3615325 SPAREPARTS
SPAREPARTS's picture

What about gold equities, are they toast too when the market cracksup?

Fri, 05/31/2013 - 19:49 | 3615616 cosmictrainwreck
cosmictrainwreck's picture

take a look at today's charts of GDX & GDXJ.... if I were a wild-ass speculator, I might lay on those with the expectation of massive rotation OUT of "blue-chips' into miners.... dunno (but I'm long those---a little) 

Fri, 05/31/2013 - 18:08 | 3615344 Silver Sativa
Silver Sativa's picture

Silver will go up to where it was, before all the take-downs. It will idle there for a little while. Then, it will bounce higher. It just might go fairly high.

Fri, 05/31/2013 - 18:33 | 3615394 A Lunatic
A Lunatic's picture

"It's a buy the dip scheme"........LOL.

Fri, 05/31/2013 - 18:41 | 3615419 Ignorance is bliss
Ignorance is bliss's picture

I'm thinking about buying the dip in GDXJ. Soros is doing it, and I want to be a cool kid too. 

Fri, 05/31/2013 - 18:46 | 3615440 johngaltfla
johngaltfla's picture

We'uns just bought the dip. And some chaw.

 

Gonna naeed a new spittin' cup too because this potential crater event is going to be a laugh a minute.

Fri, 05/31/2013 - 18:59 | 3615487 thismarketisrigged
thismarketisrigged's picture

i will not buy any stocks until the s&p hits 600 and dow hits 5000.

 

i rather buy penny stocks at this time, i prob have more of a chance at that with this type of ponzi scheme being run now.

 

i really hope this is the beginning of the end, but we have all been down that road too often this year only to be let down.

 

lets hope this time we are right.

Fri, 05/31/2013 - 19:16 | 3615529 thismarketisrigged
thismarketisrigged's picture

i loved the video. i was dying. its so true.

 

i dont have time to btfd because i am preparing for the depression that will soon be upon us.

 

this is why i love this site. we are all way out ahead of everyone, so by the time everyone realizes, we will be prepared. great job as always

Fri, 05/31/2013 - 19:19 | 3615536 DeficitAlchemist
DeficitAlchemist's picture

sectoral rotation out of debt will push equities well beyond mosts guess, and well beyond valuation, but its a flight to safety, which nowadays means away from the 'risk free ' yield of treasuries.

Sat, 06/01/2013 - 09:22 | 3616350 Non Passaran
Non Passaran's picture

So T-Bond yields will go up and yet equities will somehow go up too simply because .... ??

Fri, 05/31/2013 - 19:25 | 3615555 q99x2
q99x2's picture

BTFB - Buy The Fuckin Bunker.

When I make my move to Pittsburgh know that the end is near.

Fri, 05/31/2013 - 19:47 | 3615608 Kirk2NCC1701
Kirk2NCC1701's picture

For all too many people, you've first got to GTFJ* before you BTFD.

 

* Get The Fucking Job

 

Fri, 05/31/2013 - 20:00 | 3615651 Quantum Nucleonics
Quantum Nucleonics's picture

Short at the open, then go long in the afternoon before closing to get ready for the 100% guaranteed green Tuesday.  I like this casino, but the cocktail waitresses are hotter at Bellagio.

Fri, 05/31/2013 - 20:13 | 3615695 MeelionDollerBogus
MeelionDollerBogus's picture

BULLISH!!! shortin' to the stratosphere!

Fri, 05/31/2013 - 20:22 | 3615716 mdog19
mdog19's picture

balls deep.........both fists..........all in baby

Fri, 05/31/2013 - 20:22 | 3615718 mdog19
mdog19's picture

balls deep.........both fists..........all in baby

Fri, 05/31/2013 - 21:00 | 3615804 icanhasbailout
icanhasbailout's picture

buy on Tuesday morning only

Fri, 05/31/2013 - 21:33 | 3615857 Lmo Mutton
Lmo Mutton's picture

BTFD UI

Fri, 05/31/2013 - 22:34 | 3615961 Dead Canary
Dead Canary's picture

Ok. Dip the flying fuck... no, buy the ducky fuck... wait, dip the wick in the.....

Oh hell! Can I see it again?

 

( finance is complicated )

Fri, 05/31/2013 - 22:59 | 3616013 orangegeek
orangegeek's picture

SP500 Daily shows plenty of downside ahead.

 

http://bullandbearmash.com/chart/sp500-daily-closes-15-late-sell/

 

Need to see a break in channel support to consider a change in trend.

Sat, 06/01/2013 - 01:47 | 3616168 Marley
Marley's picture

Sure, at 5 FRNs for silver, again. Or even 14.

Sat, 06/01/2013 - 04:40 | 3616223 auric1234
auric1234's picture

I'd like PMs to hit $0. Then I can buy all the gold in the world with my pocket pennies.

THANK YOU BERNANK

 

Sat, 06/01/2013 - 11:37 | 3616522 Crash Overide
Crash Overide's picture

No one like to pull out when things are going good, but we all know what can happen if you don't...

Sat, 06/01/2013 - 14:20 | 3616717 StarTedStackin'
StarTedStackin''s picture

I will buy the fucking dip! I will buy the fucking dip.........

 

 

America already bought the fucking DIPSHIT, why not buy the FUCKING DIP too!

 

 

 

Woohoooooooooooooooooooooooooooooooo

 

 

Recovery Summer 4 baby!

Sat, 06/01/2013 - 15:10 | 3616831 suckerfishzilla
suckerfishzilla's picture

The S&P 500 seems to have a life of its own.  Economic principles need not apply with them. You can only pour so much sugar into a pitcher of koolaid before the sugar stops dissolving.  Not to mention that the kool aid isn't very tasty after that either. 

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