Quote from shortie:
what are the chance ZeroHedge bet the farm and went Short over the weekend?
You really are dense. The "trapped" side of the trade all week were longs. If you care to remember, the consensus was that the debt deal was going to be a non event for days and weeks leading up to it. Even your own poll is something like 75 to 13 with regards to the percentage move up vs down. People vote that way because they are already positioned in that direction.
The hate on Zero Hedge always makes me laugh. It's always painted with this broad brush of "doom and gloom" and perma-bearishness. On the contrary, the collection of writers have long been bullish on precious metals and commodities, which has been the smarter way to play this fiasco to begin with.