A catch-all phrase used to describe an event, usually one of extraordinary, or just plain disgusting, proportions. It can be used in either a positive or negative connotation, as the below example illustrates.
Positive:
Man1: You beat 'Cradle' on Double-0 Agent? How??
Man2: Just fuckin' Dick, Shit, and Applesauce

Negative:
Man1: Wow! I think I just shit myself!
Man2: Wah. Well that's just Dick, Shit, and Applesauce.
by scarletrat May 16, 2007
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