SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: bart1310/24/2007 4:35:56 PM
  Read Replies (1) of 110194
 
Thought for the day:
Hedgies get wedgies... <g>

On a more serious note, someone noted in mail to me that $40 billion in TOMOs (Fed temporary repos) expire tomorrow. I'm not a member of SI and can't respond to mail, so I'll answer publicly.

Thursday is normally the day of the week that the Fed does by far the most one week or more length TOMOs, so it wouldn't be at all surprising to see $40 billion or more accepted in two or three TOMO ops.
Last Thursday there was $28.25 billion accepted and the current TOMO pool is about $10 billion above average at $46 billion... so that would be close to a wash.

If the resulting TOMO pool balance ends up much below $30-32 billion and there's no TIO, it would bias me to the short side and I'd probably look for an entry point to short the S&P via futures.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News