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You Know It's A Top When...

Submitted by Tyler Durden on 10/31/2013 15:41 -0400

...BTFATH is more popular than BTFD.

(h/t @Not_Jim_Cramer)

The first know instance of the use of the term BTFATH appears to be...

POMO has begun. BTFATH

— zerohedge (@zerohedge) July 23, 2013

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Thu, 10/31/2013 - 15:43 | 4109482 Grande Tetons

Hopefully, to be replaced by STFATL.

Thu, 10/31/2013 - 16:13 | 4109589 Zer0head

You know it's a top when Abbey Joseph Cohen is a guest on Bloomturd

http://www.bloomberg.com/video/stocks-have-more-to-go-in-2014-goldman-s-...

Thu, 10/31/2013 - 17:10 | 4109647 debtor of last ...

Or: MHOTWO

Edit: Monkey Hammered On The Way Out.

Thu, 10/31/2013 - 15:43 | 4109484 Max Damage

Needs to be replaced with STFB (Sell the fuckin bounce)

Thu, 10/31/2013 - 16:28 | 4109624 Its Only Rock N Roll

slight modification there Max

STFDCB

Sell-The-Fucking-Dead-Cat-Bounce

Thu, 10/31/2013 - 16:33 | 4109637 0b1knob

And the final acronym AIG

https://www.youtube.com/watch?v=-DT7bX-B1Mg

Thu, 10/31/2013 - 15:45 | 4109491 slotmouth

Bloomberg is considering adding these two buttons to the terminal.

Thu, 10/31/2013 - 15:45 | 4109492 Rainman

hahhahaha...First they mock you ,,then they imitate you.

Thu, 10/31/2013 - 15:48 | 4109499 Panafrican Funk...

In related news, one of the ads that popped up when I opened this article:

"Single? Meet Local Muscular Women. Join Free!"

With a picture of a lady that must spend at least 3 hours a day weightlighting, in a bright lime green bikini. I found this somehow relevant to the state of our monetary system; we're at the equivalent dating site stage where we're trying to pimp out amazons. Ie., total, utter, and complete exhaustion of productive/reasonable ideas that will ever see the light of day.

Thu, 10/31/2013 - 15:50 | 4109518 Rainman

Pay no attention to it. That particular ad is directed at chart geeks who require daily thrashings.

Thu, 10/31/2013 - 15:46 | 4109500 Dixie Rect

Next, BTFSHTF

Thu, 10/31/2013 - 22:36 | 4110608 Leveraged Algorithm

I just want to look at your photo......

Thu, 10/31/2013 - 15:47 | 4109504 q99x2

With all the money being made in the markets everybody is getting a fat finger

Even MDB is making money.

Thu, 10/31/2013 - 15:54 | 4109528 Dr. Engali

I think Even Robotrader could make money in this market.........nahhhhh

Thu, 10/31/2013 - 15:49 | 4109513 Carpenter1

Signs galore but still the beast lives on. Where is our White Knight to slay this monster?

Thu, 10/31/2013 - 15:59 | 4109553 NOTaREALmerican

Re: Where is our White Knight to slay this monster?

On E-trade BingTFD?

Thu, 10/31/2013 - 15:49 | 4109515 Skin666

Brilliant Work Tyler(s)!

Thu, 10/31/2013 - 15:57 | 4109535 Yen Cross

STFT (sell the fucking taper)

Thu, 10/31/2013 - 15:59 | 4109545 fonzannoon

how many minutes did facefart stay in a bear market

Thu, 10/31/2013 - 16:07 | 4109576 thismarketisrigged

facefart will be in the 30s again real soon

Thu, 10/31/2013 - 16:37 | 4109642 Pareto

Not that it matters much these days, but, NONE of my neices and nephews use FB. They've moved on, like, a long time ago. So if they are not using it now, they aint never going to use it.

Thu, 10/31/2013 - 16:53 | 4109680 ReactionToClose...

from what I see in the Northeast .... FB has gone cold within the younger set ..... jr high through early college.

Apart from usage. FB is a very constrained (but very code demanding) structure that is not nimble at all. In fact, if you look closely, you see it is jury-rigged set of 'open' software & tools that they tried to hodgepodge into a 'proprietary' application. there a some 'keys' floating around in there but they face the prospect of a massive re-write which they might be able to pull off now that the share price has gotten 'popular'.

Thu, 10/31/2013 - 18:16 | 4109869 abbottmd

I am banking on a resurgence of MySpace popularity, personally.

Thu, 10/31/2013 - 15:58 | 4109546 Oldballplayer

STFB--Stack the fucking bullion.

Thu, 10/31/2013 - 16:41 | 4109561 Pareto

+100 love it.

Thu, 10/31/2013 - 16:42 | 4109653 CHX

(It's a) GASS--Gold and silver stack

Thu, 10/31/2013 - 16:00 | 4109550 Itch

"The first know instance of the use of the term BTFATH appears to be..."

Obviously, you've been saying it for about 5 years (muttley snigger).

Thu, 10/31/2013 - 16:00 | 4109555 Running On Bing...

Does anyone know what's trending?

OVER!

Thu, 10/31/2013 - 16:02 | 4109558 BlueStreet

Nice close. 1775-10%=1600 exactly. Sounds good to me.

Thu, 10/31/2013 - 16:05 | 4109564 Agent P

Bravo Tango Foxtrot Alpha Tango Hotel.....bitchez!

Thu, 10/31/2013 - 16:26 | 4109565 Running On Bing...

Israel attacking Russia story in 3, 2, 1.... Go.

http://rt.com/news/syria-israel-attack-latakia-049/

Don't read the comments just the story. The comments are disgusting.

Thu, 10/31/2013 - 16:27 | 4109625 Oldballplayer

I read the other day they were going to whack Iran this weekend, flying over Saudi. So they dont have to warn us. That would be nice.

Then, if they have bombs left over they can drop them on Syria.

Thu, 10/31/2013 - 16:49 | 4109660 Running On Bing...

That would be a dream come true. The aggressors would finally be wiped off the map. Glassed over and vaporized.

And USA would not be involved but Mark Levine would really have something to whine about now, his homeland now destroyed.

Over.

Thu, 10/31/2013 - 16:07 | 4109573 coastalwn

what is BTFATH ?

Thu, 10/31/2013 - 16:08 | 4109578 Tsar Pointless

Buy The Fucking All Time Highs

Thu, 10/31/2013 - 16:08 | 4109579 Pareto

buy the fucking all time high

Thu, 10/31/2013 - 17:50 | 4109817 Trimmed Hedge

Butt Twerkin' From All The Ho's...

Thu, 10/31/2013 - 16:15 | 4109581 Kirk2NCC1701

TD and ZH friends, Let us be clear: 1. BTFD is for the Sheeple.

2. BTFATH/BTMFATH* is for the TBTF[a] and TBTJ[b], since The Fed "has their back" (back-stop).

Plan, Hedge and Invest accordingly.

* Buy The MF'ing All-Time High

[a] Too Big To Fail

[b] Too Big To Jail

p.s. Note that The Fed is TBTB (Too Big To Bail). / So, TBTB = (TB)^2 ? Is TB^2 like some Super-TB, or an Incurable Tuberculosis? /s

Thu, 10/31/2013 - 16:26 | 4109623 ebworthen

Classic Pyramid scheme.

Buy The Faith And Take Hostages.

Thu, 10/31/2013 - 17:07 | 4109668 Kirk2NCC1701

Seriously though, if you want to (a) speculate (as an Outsider to the Club/Tribe and you think you know more or better than others), or (b) have a short time horizon of a few years, then by all means play the Bear or Bull game.

But if you're in it for the long run (decades) and have the humility of being a mere (well-informed and perhaps well-educated) 'mortal', who is not in Club of the 0.1% or even the 1%, then you fucking must, Must, MUST (!) DIVERSIFY across all asset classes and types. E.g.

1. Cash/Currency & PM (Gold, Silver, Platinum), Value-retaining Precious Assets (Numismatics, Art, Antiques), BTC

2. RE (Real Estate): 100%-owned Home+Property, Income-Generating RE (residential, commercial)

3. Paper Assets 1: Stocks (dividend-bearing, speculative); Some Public, some Private. Some Domestic, mostly Foreign/Global

4. Paper Assets 2: Debt/Bonds. Some Public, some Private. Some Domestic, some Foreign

And for 'Preppers', fine, by all means use some of your USD Currency to "Prep" for a rough Transition Period (3-36 months) when the Dollar looses it GRC status. Just don't "bank" on Armageddon, unless you just can't help listening to or drinking your Armageddon-minister's brand of "Revelations Kool-Aid" that he's selling so well. Drink at own risk. Side-effects such as Frustration, Disappointment and Absence of 'Gold-to-Instant-fiat-Wealth' may occur.

BTW, I too "prep" to a point, but I just don't put all my hopes and fantasies into scoring the Golden Ticket that turns my PM into sudden fiat wealth. I treat my PM as a "Hedge" against Currency devaluation and Paper Assets crashes. It's an "insurance policy", not a damn lottery ticket. If knew then (2011) what I know now, I would have bought less PM and bought Stocks and BTC. That way, my ROI would have left even my precious Precious in the dust. Hindsight is 20/20, right?

The point is: Thou Shall DIVERSIFY, or Thou Will “Suffer the Slings and Arrows of Outrageous Fortune”, Prince Hamlet!

Good luck to all.

Thu, 10/31/2013 - 16:55 | 4109686 22winmag