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2.
This phrase is used to express frustration or exasperated disappointment.

Other versions of this can be said as "my springs are gone", or "someone stole my springs" or "Springs no longer exist?!"
I got a 37 percent on my AP Chemistry Exam!? No Spring!
by Vincent Famov April 28, 2006
 
1.
to be used in a state of desperation or complete disappointment. the term no springs is in reference to a 50's infomercial on the importance of springs in everyday life.
when you have taken a really hard test and the teacher has evaluated the paper unfairly, simply state your ultimate level of disappointment by using the term "aw...No Springs" in a simple monotone statement
by ubbey road May 19, 2006