The expression “never try to catch a falling knife” means not to invest in a stock that is plunging—it can always go lower, and it’s dificult to determine when the price has hit a floor. The initialism “CTFK” (Catch The Falling Knife) began to be used on the financial blog Zero Hedge in May 2014.
“BTFD" (Buy The Fucking Dip) is a similar initialism used to signal a buy after an asset has dropped in price.
Submitted by Tyler Durden on 05/31/2013 17:23 -0400
Fri, 05/31/2013 - 17:33
BTFDers Unsure As Nikkei Bear Market Countdown Resumes
Submitted by Tyler Durden on 06/05/2013 10:36 -0400
Wed, 06/05/2013 - 10:55
Conditioned To Catch The Falling Knife
Submitted by Tyler Durden on 08/14/2014 13:32 -0400
The numbers out last night were once again largely on the weak side of disappointing, with very little reaction and even less of an intuitive reaction. As Bloomberg’s Richard Breslow writes, this is the downside of everyone having the same positions. Simply put, we’ve been trained to catch the falling knife by the CBs, one of those trading strategies that will work until it doesn’t and when the knife slips you will really have a taper tantrum.
Thu, 08/14/2014 - 13:58
which is which
New York City • Banking/Finance/Insurance • Friday, August 15, 2014 • Permalink