THe financial blog Zero Hedge popularized “BTFD” (Buy The Fucking Dip) in 2010-11, stating that the “dip” was an opportunity to buy something at a cheaper price. This jocular investment strategy was followed in 2013 with “BTFATH” (Buy The Fucking All Time High), where something rising to its all-time highest price provides the clear indication of positive momentum to go even higher.
On March 2, 2014—after civil unrest in Ukraine placed the interests of the United States and Russia against each other—Zero Hedge coined on Twitter the term “BTFWWIII” (Buy The Fucking World War III). All of the terms are jocular investment strategies to poke fun at a stock market that is seemingly manipulated by fiat money printing to always reach higher levels, no matter what event happens.
5:07 PM - 2 Mar 2014
Buy the WWIII or someone else will beat you to it & outperform u. You’ll lose flows to those wise folks! BTFWWIII. It’s the fundamentals.
5:30 PM - 2 Mar 2014
If you haven’t been BTFWWIII this afternoon then you are really missing out.
2:09 PM - 3 Mar 2014
BTFWWIII’ers Missing As Stocks Slump Most In A Month
Submitted by Tyler Durden on 03/03/2014 16:04 -0500
Gold and crude oil prices rose steadily all day even as US equities oscillated around VWAP unable to break above Friday’s lows (and trading in a narrow range) on heavier than normal volume. USDJPY and US equities remained roughly coupled but stocks auctioned up and down in search of stops with algos desperate to cling to VWAP on a big down day as a rally mid-afternoon reached the S&P into the green for 2014 and marked the top of the day. Gold ended at 4-month highs, the USD rose 0.4% (led by GBP and EUR weakness), WTI crude back over $104.50 (near 6-month highs), and Treasury yields dropped 5bps or so with 10Y back under 1.60% (2nd lowest yield close in 4 months). VIX jumped above 16% - 1-month highs but still the asset-gatherers demand we BTFWWIII…
@zerohedge headline saying “BTFWWIII’ers” is all the indication you need that the market can and probably will go higher
3:44 PM - 3 Mar 2014
New York City • Banking/Finance/Insurance • Monday, March 03, 2014 • Permalink