Futures Hammered but why?

[Joovenile Jatt]

What's the bet that it crawls up all day closing near the high and everyone claiming there are rumours there have been improved talks on the debt deal? I like volatility but not this kind, where my P and L is in the pocket of the bozos discussing this deal.

 

[Larson]

Quote from S2007S:

Dont worry bulls, every time there is a little sell off the bulls start to whine and cry, why? Everyone knows Bubble ben bernanke will come and rescue the markets if there is a substantial sell off, so dont worry about a small 1% drop tomorrow morning because by late afternoon the markets will be propped back and on the way to yearly highs and if not tomorrow they have the rest of the week to prop it back up. Every analysts and talking money manager is bullish on this market, everyone is calling for 1400-1500 by the end of 2011, some are even calling for 2000 on the SPX, so please stop the crying and buy the dips.

And

DO NOT WORRY ABOUT THE DEBT CEILING, for the millionth time they will have everything ready to go by August 2nd as the debt ceiling WILL BE RAISED by then and everything will be just fine.

wonder what Ben really thinks about gold blasting past 1600? It is quite an achievement to reach this milestone during his tenure.