admin on 12 21, 2010 | No Comments
POMO from the NY Fed website: Permanent OMOs: Treasury "The purchase or sale of Treasury securities on an outright basis adds or drains reserves available in the banking system. Such tra
Read Moreadmin on 08 8, 2010 | 6 Comments
Extend and Pretend – August Surprise – QE 2 – Quantitative Easing – Who comes up with this stuff? Are we on the eve of the next round of manipulation aka “Extend and
Read Moreadmin on 08 8, 2010 | No Comments
Week Ahead I think everyone understands not to fight a bullish trend, but at some point the manipulation has to stop. Quite frankly, I have thrown my hands in the air to try to see what is movi
Read Moreadmin on 07 14, 2010 | No Comments
Hopefully everyone read the week ahead last week and agreed with me on the short squeeze that has driven this market. I think Greenspan coined the term "irrational exuberence" and that is kind of
Read Moreadmin on 04 22, 2010 | No Comments
Hopefully everyone has seen how the market as of last week was up 48 days straight without a 1% correction, until Friday expiration. It took Goldman Sachs and Google to make the market take a breather
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