Noun: used to describe an action, state, or occurrence, of listening to advice from UBS's Rebecca Cheong and having the financial markets go the opposite way.
Verb: describes the action receiving a hose job,
royal spanking, or being taken to the woodshed from listening to advice from UBS's Rebecca Cheong and having the financial markets go the opposite way.
Noun: "I bought 100 e-minis at the highs after reading the UBS note and got cheonged
today when the market sold off"
Verb: "I
read Rebecca's note this morning, placed my orders, and now I am looking to avoid a Cheonging"