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When BTFD Becomes STFR, Dow Drops 400 Points From Day's High

Tyler Durden's picture




 

Who could have seen that coming? The S&P 500 has entirely lost all its "well, stocks just want to go up" gains...

 

Yes!

 

What did credit know?

 

As the entire surge in stocks is retraced on the back of USDJPY plunging...

 

The Dow is down over 400 points from the highs...

 

With Trannies leading the charge lower this week...

 

Led by builders and energy...

 

As once again, oil's bounce dies...

 

Charts: Bloomberg

 

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Tue, 01/13/2015 - 14:34 | 5656183 Tsar Pointless
Tsar Pointless's picture

You don't say.

Tue, 01/13/2015 - 14:39 | 5656210 Funny Money
Funny Money's picture

Yep. The market dropped a tiny fraction.  It's a trend. SELL!!!!!!!!!!!!!!!

Tue, 01/13/2015 - 14:45 | 5656276 Groundhog Day
Groundhog Day's picture

someone is looking for the exit...probably Goldman, after they told clients to go long

Tue, 01/13/2015 - 14:53 | 5656302 OV61FVF
OV61FVF's picture

Time for a new STFR Broccoli Man video? "Just sell the fucking rally. It's the easiest thing in the world. If you don't, you are a fucking idiot."

https://www.youtube.com/watch?v=0akBdQa55b4

Tue, 01/13/2015 - 14:57 | 5656335 El Vaquero
El Vaquero's picture

LOL on the skull and crossbones on the last chart.

Tue, 01/13/2015 - 14:58 | 5656351 walküre
walküre's picture

it's kinda cute

Tue, 01/13/2015 - 15:06 | 5656400 Mr Pink
Mr Pink's picture

I think it's a pic of Montgomery Burns

Tue, 01/13/2015 - 15:34 | 5656556 PAPA ROACH
PAPA ROACH's picture

It's HTFB (Hit the fucking bid)

Tue, 01/13/2015 - 15:49 | 5656635 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

I think it's a pic of Montgomery Burns

Excellent.

Tue, 01/13/2015 - 15:08 | 5656405 Syrin
Syrin's picture

Sorry, I don't speak the language.   What is STFR?

Tue, 01/13/2015 - 15:11 | 5656414 buzzsaw99
buzzsaw99's picture

sell the fucking rip

Tue, 01/13/2015 - 15:19 | 5656471 Obchelli
Obchelli's picture

FED will exploit Pavlovian Reflex they PUt traders for BTFD or BTFATH and do the opposite once reflex is very strong to crash everyone to take their money on a way down now.

Tue, 01/13/2015 - 16:16 | 5656767 cocoablini
cocoablini's picture

FED activates their asset saving(ass saving too) pushups every day for 5 minutes to smash the shorts and stop deflating asset values. Every day the market crashes, and every day the FED has to step in a save it with SkyNet algos.

The wealthy have most of the riches stuck in super expensive, bloated assets. But the asset credit ramp is running in reverse, so now DJIA and SP500 are just political tools to protect the 01% and their government protectors.

 

Stock "market" officially died in 2011. Now stock market is the "Amazing perpetual motion machine for upward valuation of holdings owned by rich and almost famous". Please see the frolicing Tim Cook

Tue, 01/13/2015 - 15:10 | 5656416 nope-1004
nope-1004's picture

Sell the f'n ramp.

Tue, 01/13/2015 - 15:24 | 5656493 prefan4200
prefan4200's picture

Shit, That's Fuckin Ridiculous.  That's what it should be, anyway....

Tue, 01/13/2015 - 15:05 | 5656393 NoVa
NoVa's picture

Treasury 10 yr auction today - results out at 1 pm & timing perfect for the sell-off.

The primary dealers took rates higher this morning to drive down prices, then with auction results, puked it back up.  Buy cheap, sell higher.

30 yr auction tomorrow - I predict same market movements - 

 

Nova

 

Tue, 01/13/2015 - 14:46 | 5656282 kaiserhoff
kaiserhoff's picture

Gotta love the new graphics, especially

les morts bouncde de chat;)

 

 

 

Tue, 01/13/2015 - 14:56 | 5656332 Bunga Bunga
Bunga Bunga's picture

Flash crash.

Tue, 01/13/2015 - 14:56 | 5656338 El Vaquero
El Vaquero's picture

Cat Crash.

Tue, 01/13/2015 - 15:29 | 5656531 Bunga Bunga
Bunga Bunga's picture

dead cat

Tue, 01/13/2015 - 15:32 | 5656543 El Vaquero
El Vaquero's picture

MEOW!

Tue, 01/13/2015 - 15:12 | 5656422 scythian empire
scythian empire's picture

I love how many charts, plotted in synchronization, means credit markets 'predicted' it.  How about if the credit markets showed all this a day or two ahead of time, not at the same time.  That is just volatility!

Tue, 01/13/2015 - 14:34 | 5656184 Tin Hat Salesman
Tin Hat Salesman's picture

Should I buy Silver?

Tue, 01/13/2015 - 14:40 | 5656238 Kaiser Sousa
Kaiser Sousa's picture

REALLY?

Tue, 01/13/2015 - 14:56 | 5656322 Carpenter1
Carpenter1's picture

HEAR YE, HEAR YE.

BY THE AUTHORITY VESTED IN TYLER DURDEN, OUR FAVORITE BLOGGER, I HEREBY PRONOUNCE THE INITIATION OF A NEW TERM.

 

SELL THE FUCKING RALLY, OR HENCEFORTH KNOWN AS:

 

                                                 STFR

Tue, 01/13/2015 - 15:02 | 5656370 Dadburnitpa
Dadburnitpa's picture

I prefer STFB, aka: shit the fucking bed.

Tue, 01/13/2015 - 15:18 | 5656465 FuzzyDunlop21
FuzzyDunlop21's picture

STFR has been around for some time. It just hasnt existed for the past 3 years. 

Tue, 01/13/2015 - 17:35 | 5657185 29.5
29.5's picture

And don't forget the RYFFO

I believe it is eloquently translated into:

Rip Your Fucking Face Off

Tue, 01/13/2015 - 14:55 | 5656323 StackShinyStuff
StackShinyStuff's picture

No.  Never.  Silver is not worth the paper it is printed on...no wait...

Tue, 01/13/2015 - 14:56 | 5656337 ejmoosa
ejmoosa's picture

Should you even have to ask?

Tue, 01/13/2015 - 16:16 | 5656778 crazybob369
crazybob369's picture

Nah! Stuff is too bulky and heavy to carry around. Buy some shares in silver miners. If they can survive another year you'll triple your money or better. That's a big if though. Then, there is always the possibility that the brokerage houses default, or the government confiscates any account having "strategic metals" as investments. Oh, fuck it!!! Just bury your cash in the backyard and hope your dog doesn't dig it up.

Tue, 01/13/2015 - 16:33 | 5656863 Kprime
Kprime's picture

I don't give a flip about silver.  wait, heads or tails??

Tue, 01/13/2015 - 14:35 | 5656192 101 years and c...
101 years and counting's picture

if people keep selling the BTFD, the BTFD'ers will stop btfd.  and, that is a world no one is prepared for.  all hell will break lose.

Tue, 01/13/2015 - 14:44 | 5656256 Just Take It All
Just Take It All's picture

bullshit.  i'm ready.  i don't even care if the clearing house defaults on my puts.  i just want to see this bitch burn.

Tue, 01/13/2015 - 14:49 | 5656304 Funny Money
Funny Money's picture

I can only lmfao @ all the zerohedgers cheering for a market collapse while the price keeps going up, up, up.  Someday you'll be right, but the stopped clock beats you twice a day.

 

Tue, 01/13/2015 - 14:57 | 5656343 McMolotov
McMolotov's picture

He who laughs his fucking ass off last laughs best.

Tue, 01/13/2015 - 15:39 | 5656587 Funny Money
Funny Money's picture

If I exit, it will be after the market drops more than 2%, lol.  The good news for the Chicken Littles around here is that they're not investing in something they don't understand.  It's a lot better to leave money on the table than to get destroyed.

Any investor who's been in the market for years and doesn't freak out on every little move is up over 40% on almost everything he owns.  Unless the whole things gaps down overnight he'll have no trouble exiting as a winner.  Sorry if you missed the bus, but the actual winners will be laughing best.

Tue, 01/13/2015 - 14:59 | 5656354 Just Take It All
Just Take It All's picture

just keep laughing and drink your kool-aid.

Tue, 01/13/2015 - 15:18 | 5656466 Spitzer
Spitzer's picture

Someone is drunk on the punch bowl.

 

Are you always this late to the party -99 ?

Tue, 01/13/2015 - 15:21 | 5656486 Just Take It All
Just Take It All's picture

not sure you followed the comment nest correctly.

Tue, 01/13/2015 - 15:17 | 5656446 lordylord
lordylord's picture

"the price keeps going up, up, up."

Thats the problem you fool. Prices keep going up, up, up, while real wages are going down, down, down.

Tue, 01/13/2015 - 15:21 | 5656485 jcaz
jcaz's picture

No, no, Funny Money- this is good news for you-   now your $20/mo DCA into your index fund can buy that many more shares- bullish for you!

Tue, 01/13/2015 - 16:33 | 5656853 Kprime
Kprime's picture

I know right?  the price of houses will never go down.  The Romans are just hiding in a room under the coliseum; Rome will rise again!

Tue, 01/13/2015 - 15:11 | 5656427 richiebaby
richiebaby's picture

This is no roller coaster ride, this is more like bungy jumping

Tue, 01/13/2015 - 14:37 | 5656197 KnuckleDragger-X
KnuckleDragger-X's picture

Its hard work keeping a turd afloat,damned thing keeps trying to sink but the PPT is on the case... (snicker)

Tue, 01/13/2015 - 14:52 | 5656198 ukspreads
ukspreads's picture

I'd take some wild volatility anyday, over the normal slow squueze higher we've had these past six years- Zzzzz

 

Die DOW... Crash - Crash - Crash

Tue, 01/13/2015 - 14:40 | 5656213 RogerMud
RogerMud's picture

all the manipulation is biting them in the ass

Tue, 01/13/2015 - 14:39 | 5656214 PrayingMantis
PrayingMantis's picture

 

 

... law of gravity?

Tue, 01/13/2015 - 14:39 | 5656216 oklaboy
oklaboy's picture

can't wait for the sequal

Tue, 01/13/2015 - 14:39 | 5656222 Kaiser Sousa
Kaiser Sousa's picture

and there fighting like hell to contain the phony paper price of Silver from holding the $17 handle....

fucking hilarious...
DEATH TO THE MONEYCHANGERS.

http://www.livecharts.co.uk/MarketCharts/silver.php

Tue, 01/13/2015 - 16:08 | 5656724 crazybob369
crazybob369's picture

Looks like silver is finally getting the message. But even though silver is up about 50 cents, all the silver stocks (AG,HL,SLW, etc.) are down. WTF???? Drives you crazy trying to figure this shit out.

Tue, 01/13/2015 - 14:41 | 5656225 monopoly
monopoly's picture

What an amazing day. This is going to be one interesting year. Reality, I just feel it, will soon set in. About time.

Tue, 01/13/2015 - 14:40 | 5656231 readyforit
readyforit's picture

Soil the fucking rug??

Tue, 01/13/2015 - 14:41 | 5656246 honkadoo
honkadoo's picture

On your fucking rug.

Tue, 01/13/2015 - 14:40 | 5656232 ebworthen
ebworthen's picture

Biotech all green!  Obamacare to the rescue!  Fuck the sick!  Rape the taxpayer!

If you aren't in the top 10% get back to work you dumb serfs!

Royal Ball Saturday night in D.C., Dimon and Blankfein to attend!

Tue, 01/13/2015 - 14:40 | 5656233 Chad_the_short_...
Chad_the_short_seller's picture

UVXY anyone? Best trading stock EVER!!! I have traded that so many times and pretty sure every single one was for a gain. It's the gift that keeps on giving. You just have to take your profits when it skyrockets. It we sell off hard tomorrow this thing will explode. Market is looking like it is about to completely CRACK and crack hard.

Tue, 01/13/2015 - 14:51 | 5656311 monopoly
monopoly's picture

How about just a bit of modesty Chad. Tacky the way you posted that.

Tue, 01/13/2015 - 15:03 | 5656375 Chad_the_short_...
Chad_the_short_seller's picture

Are you the polite police on here dude? I post on here when I buy UVXY and give my reasons so if anyone follows my plays or trades then you'll see I am infatuated with UVXY because it is the best trading stock ever. You have the ability to trade it too so don't be a little fucking bitch to me dude. I wasn't being cocky. Just extremely excited, happy and full of joy. I love it when the market cracks like this. We were just up 300 fucking points and went red hard while UVXY flew to fucking 30's!!! Lighten up dude!!!!

Tue, 01/13/2015 - 15:06 | 5656394 TCA
TCA's picture

Have fun being the bagholder when these Ultra ETFs blow up and there's no bid to take your worthless shares off your hands. Hope you're playing with house money

Tue, 01/13/2015 - 15:20 | 5656476 Chad_the_short_...
Chad_the_short_seller's picture

Holy fucking shit, is everyone on here a miserable negative FUCK or what???? I SAID I FUCKING TRADE IT ALL THE TIME MOTHER FUCKER!!!! I don't buy and hold it dipshit. The plan was to buy in the trading day after xmas and did at 20.15, sold at 30, bought back in at 23, sold at 29, bought back in at 25.15 and now it's almost $31 and I will probably sell here shortly. Three times i have been in and out since xmas so don't give me your shit about being a bagholder you negative fuck.

Tue, 01/13/2015 - 15:55 | 5656659 TCA
TCA's picture

Yeah right.  Out of all the nutty posters on here, I'M the negative one.  Listen, you're chasing nickels in front of the proverbial steamroller.  Ultra ETFs are a great way to lose your shirt.  When the market rolls over, these things will be the first to die.  You do NOT want to be holding them when it goes down.  But it's your money...

Tue, 01/13/2015 - 16:12 | 5656749 Chad_the_short_...
Chad_the_short_seller's picture

Chasing nickels huh? 20 to 30 in a week is chasing nickels? ONCE AGAIN, I DO NOT FUCKING HOLD THEM FOR LONG TERM!!!! I jump in right before a large move and then gtfo. What are you having such a hard time understanding about that? IF, and when the market completely rolls over, i will mostly be in puts. But this back and forth shit, it's much better to use 3xetfs. There's nothing to debate about that, period. Watch uvxy on a regular basis. And boom, just sold at $31.

Tue, 01/13/2015 - 17:40 | 5657191 Peak Finance
Peak Finance's picture

Just curious, why UVXY?

I am trading the TVIX / XIV pair instead with a lot of success this week and last. 

Also long NUGT (bought today after 10% drop), but I want out of this trade quickly (like first thing in the morning Wednesday) as I expect all metals to drop hard by start of trading day the 16th. 

Tue, 01/13/2015 - 18:16 | 5657398 Chad_the_short_...
Chad_the_short_seller's picture

It's what I have always traded playing the VIX. It usually moves more percentage points than TVIX(today it didn't at the close). Both are great for trading but TVIX is down there in "close to reverse split" territory. Start watching UVXY every day. That thing is amazing!!!

Tue, 01/13/2015 - 14:43 | 5656248 papaswamp
papaswamp's picture

Wheeeeeeeeeee! Look at that fucker go. Hilariously broken market.

Tue, 01/13/2015 - 14:45 | 5656266 Bunga Bunga
Tue, 01/13/2015 - 14:51 | 5656303 SheepDog-One
SheepDog-One's picture

Murka.....FUCK YEA! Rollin on in ta save the muthafuckin Dream now!

Tue, 01/13/2015 - 15:01 | 5656361 adr
adr's picture

"The American Dream is Coming Back"

- Kristina Hooper US Investment Strategist for Allianz Global Investors

 

In other words, more propaganda and lies to support the greatest fraud market of all time. You want to say the South Seas Trading Co was a bubble, it was merely the template for the even more extravagant fraud of today.

Tue, 01/13/2015 - 15:05 | 5656389 10mm
10mm's picture

I read comments  from that bullshit article. Readers not buying it one bit.

Tue, 01/13/2015 - 15:29 | 5656530 El Vaquero
El Vaquero's picture

It appears that we have spotted the elusive skittles farting unicorn!

Tue, 01/13/2015 - 14:47 | 5656285 Yen Cross
Yen Cross's picture

 Haha, BAC got stopped out of their usd/jpy long position. They had their stop set around 118.00. Serves them right for talking their book, and then trading against it in the bond and oil markets.

Tue, 01/13/2015 - 17:23 | 5657131 RockyRacoon
RockyRacoon's picture

Not a problem!  The U S taxpayer is here to bail them out.  That has become our highest and best use.  Kinda like being one of the cells in a massive battery powering the Matrix.  Expendable...

Tue, 01/13/2015 - 14:50 | 5656307 Keltner Channel Surf
Keltner Channel Surf's picture

Spoil The Fed's Rave

Tue, 01/13/2015 - 14:54 | 5656318 surf0766
surf0766's picture

wow that round trip was fuckn stunning.

Tue, 01/13/2015 - 15:00 | 5656363 Keltner Channel Surf
Keltner Channel Surf's picture

No real conviction from the machines early this morning, just short-goosing to create a favorable dump point, so that the end-of-day result for Joe Investor won't look that bad, even though they got 300+ pts of selling.  Though VWAP seems out of reach, our hexadecimal friends might try a mild re-loading maneuver to end the day.  Would be fabulous for 'price discovery', and rather humorous, if they came up short and the carnage continued ...

Tue, 01/13/2015 - 14:54 | 5656324 q99x2
q99x2's picture

STFR yourself. Me BTFD. the NWO is breaking apart. Nukes are about to fly and corporate profits are tumbling. This is one of the best times in history to BTFD.

Tue, 01/13/2015 - 15:00 | 5656359 Tom Serfo
Tom Serfo's picture

Nukes will fly along with pigs....

Tue, 01/13/2015 - 15:28 | 5656515 Bay of Pigs
Bay of Pigs's picture

"Look....I'm FLYING!!!"

BoP

Tue, 01/13/2015 - 14:56 | 5656329 adr
adr's picture

Remember the gator mouth algo that kept running wild in different stocks, looks like it has a tight grip on oil futures.

What the hell kind of chart is that?

Can you say goal seeked price targeting.

Tue, 01/13/2015 - 14:56 | 5656330 FranSix
FranSix's picture

'I foresaw aall o' dat.' As I pull on my surspenders.

Tue, 01/13/2015 - 14:57 | 5656339 Baby Eating Dingo22
Baby Eating Dingo22's picture

Why does confidence suddenly smell like farts?

Tue, 01/13/2015 - 14:57 | 5656348 astoriajoe
astoriajoe's picture

We need to talk about Kevin.

Tue, 01/13/2015 - 15:02 | 5656364 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

Up and down, up and down, up and down...where she stops no one knows 

Tue, 01/13/2015 - 15:01 | 5656369 walküre
walküre's picture

all the Goldilocks headlines from this morning couldn't find enough buyers to keep this turd floating higher?

uh oh, we have a problem....

Tue, 01/13/2015 - 15:21 | 5656474 John McCloy
John McCloy's picture

Buyers? Who is not in that hasn't been in for the past 5 years is my question...? Only central banks buying now and algos ping ponging...

Tue, 01/13/2015 - 15:07 | 5656402 NoIdea
NoIdea's picture

2% swing from high to low. Sounds like the perfect time to sell a lot of gold

Tue, 01/13/2015 - 15:12 | 5656421 Banker Buster
Banker Buster's picture

What happened to our fake utopia you created fed, where brain dead sheep win.  I'm BTFD, HEEEEELLLLLP MEEEEE.

/sarc

Tue, 01/13/2015 - 15:13 | 5656430 Bangalore Torpedo
Bangalore Torpedo's picture

Stock rally for today: OVER
Gold rally for today: OVER
Oil continuing to tube: Not OVER

Tue, 01/13/2015 - 15:15 | 5656441 buzzsaw99
buzzsaw99's picture

amzn still green lulz

we live, still! [/evil dead 2]

Tue, 01/13/2015 - 15:14 | 5656445 Banker Buster
Banker Buster's picture

Kevin Henry you manipulating bitch, do you still own those SPY's at ATH.  Let me know when you want to cut those loose little guy!

Tue, 01/13/2015 - 15:28 | 5656510 Conax
Conax's picture

We'll do a number 6 on em!

What's that?

That's where we ride into town, a whoppin and a whuppin everything that moves..

So you rape the women then?

No, we rape the shit outta them at the number 6 dance later on..

 

Somebody's doin a number 6 here.  Get the tomato plants and the dogs in the house.

Tue, 01/13/2015 - 15:28 | 5656522 Kaiser Sousa
Kaiser Sousa's picture

wow so the fraud markets and real money now trade in tandem with  each other....

was there ever any doubt this was coming...?

 

http://www.livecharts.co.uk/MarketCharts/silver.php

Tue, 01/13/2015 - 15:28 | 5656523 franzpick
franzpick's picture

Bank index BKX has been the downside leading indicator for the last 3 weeks, and the DJIA and SPX targets appear now to be down another 2% at 17,100 and 1970, or else at lower lows down 3%:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=spx&insttype=&freq=1&show=&time=7

 

Tue, 01/13/2015 - 15:29 | 5656527 Flounder
Flounder's picture

Y'know TD someday you're gonna get blamed for all the negative truth.

Tue, 01/13/2015 - 15:35 | 5656569 Keltner Channel Surf
Keltner Channel Surf's picture

Suspicious little high-volume 2-min candles on IWM and SPY just before 2, then at 2:08 and 2:16, looks like the machines have arrived, normally with a VWAP dictum, but today they might consider back to Unch a victory, but you'd have to think the odds are that'll be the re-dump point into the close, if achieved.  No real help from Mr. VIX or JPY in this goalkeeping play . . .

Tue, 01/13/2015 - 16:42 | 5656912 Keltner Channel Surf
Keltner Channel Surf's picture

Guess I wasn't paranoid about those candles, definitely machine-issued mayhem, with Unch achieved as I write, with VWAP in SPY and IWM not out of the question.  A dump from here back to the lows would be 'healthier', but it's been many moons since markets were sensible.

Tue, 01/20/2015 - 22:27 | 5668536 cents gradeschool
cents gradeschool's picture

I'm following Papi's voice!...wait, now I'm not in the reeds, but in the houseplants? wtf?

Tue, 01/13/2015 - 15:37 | 5656571 Callz d Ballz
Callz d Ballz's picture

First thing on bloomturd this am into work, "market up 230"!  Now crickets...then some lame excuse when closing bell summary is spewed this evening.  Same shit, different day.

Tue, 01/13/2015 - 15:41 | 5656598 holdbuysell
holdbuysell's picture

No wonder the Fabian Turtle on that Economist cover looks so pissed. They're watching their precious system and status quo go up in smoke.

Tue, 01/13/2015 - 16:01 | 5656696 sandlapper
sandlapper's picture

Smoke the fucking reefer, brah

Tue, 01/13/2015 - 16:19 | 5656791 FreeShitter
FreeShitter's picture

Sounds good bruh.

Tue, 01/13/2015 - 16:26 | 5656823 Questan1913
Questan1913's picture

It's closer.

Tue, 01/13/2015 - 16:35 | 5656867 Ewtman
Tue, 01/13/2015 - 16:38 | 5656878 jubber
jubber's picture

so after the Dow falls 400 point we suddnely get an out of nowhere Crude rally, just no end to this shit.

Tue, 01/13/2015 - 16:40 | 5656902 franzpick
franzpick's picture

'Never sell a quiet market after a rise'.

An outside day 425 point, 2.4% movement market like today?  Run like hell.

Tue, 01/13/2015 - 16:43 | 5656917 ukspreads
ukspreads's picture

The Fuckers are going all out for a green finish

Wed, 01/14/2015 - 01:38 | 5658816 Atomizer
Atomizer's picture

September 1999|Dow 36,000

Don’t bother reading the comments. Dial-up internet and the webmaster misdirected his comment section. Rolls eyes.

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