Dow futures being taken to the woodshed

Quote from bond_trad3r:

Longs were taken to the woodshed at 9:15
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I think you need to clarify your definition of "the woodshed". Because you and everyone else seem to be out of alignment.

Is the woodshed 30 points on the Dow? If that's an indication of being taken to the woodshed...
 
Quote from Ivanovich:

Is the woodshed 30 points on the Dow? If that's an indication of being taken to the woodshed...
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It is if you are a newspaper reporter on the Wall Street beat:

"Markets tank on news of Summer Solstice"

;)
 
Quote from Fractal:

Not so sure about just yet that, Ivan. So far the futures appear to be rejecting the run up alongside the Asian markets.
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Tellin' ya, mate. Uncle Ben isn't going to let this fall yet.
 
Quote from Ivanovich:

Tellin' ya, mate. Uncle Ben isn't going to let this fall yet.
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I should also state that, having said the above, I am NOT long. I am flat and will remain so until we crash back down through 1100 and I go short.
 
Quote from Ivanovich:

I should also state that, having said the above, I am NOT long. I am flat and will remain so until we crash back down through 1100 and I go short.
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Only moderators left? Haha.

Anyway, I am surprised by the bearish sentiment which is not good as I am bearish too.
 
Quote from noddyboy:

Anyway, I am surprised by the bearish sentiment which is not good as I am bearish too.
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That's the rub. One cannot (fundamentally) look at all the debt and conclude anything other than trouble lies ahead. How far ahead? What kind of trouble? Harder calls to make.

Maybe a few of us should set up a dirt cheap distillery - that would see us through some tough times, I think.
 
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