BTFGS (Buy The Fucking Government Shutdown)
“BTFD” (Buy The Fucking Dip) dates from 2010; investors should buy stocks when the price dips because it will go back up. The financial blog Zero Hedge popularized a new term with the story “BTFGS!? Retail Excluded From Buying Record Highs As E*Trade Breaks” on January 22, 2018:
“Buy The Fucking Government Shutdown…”
The strategy is to buy when the government is shut down (and stocks have dipped). “CNBC: BTFGS” was posted on Twitter on September 20, 2013. “Buy the fucking government shutdown dip?” was posted on Zero Hedge on October 19, 2017.
Twitter
Rudolf E. Havenstein, Anti-Davos Man
@RudyHavenstein
CNBC: BTFGS
1:05 PM - 30 Sep 2013
Zero Hedge
Here Are The Reasons Why Another Government Shutdown Looms
by Tyler Durden
Thu, 10/19/2017 - 08:59
(...)
The real question is: How will markets react once tax reform is off the table and the federal government has ground to a halt? Will the long awaited volatility spike arrive? And will investors then rush to take the opportunity and “buy the fucking government shutdown dip?”
Zero Hedge
BTFGS!? Retail Excluded From Buying Record Highs As E*Trade Breaks
by Tyler Durden
Mon, 01/22/2018 - 10:23
US equity markets were lower heading into the open but have been panic-bid since the cash markets opened… which happens to have coincided with E*Trade’s online trading platform being down for its millions of retail traders…
Buy The Fucking Government Shutdown…