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 : Classic TA Workplace

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stkboy1 who wrote (138417)11/10/2006 3:04:21 PM
From: bcrafty   of 209892
 
Thanks stkboy. That chart is similar to the ones the author has posted in the past. Lee had a less complex chart (inside the link in your prior post) which I like better,

marketswing.com

Both the chart above and your most recent chart show pretty much the same thing: in a macro view, both the equity markets and repos are both continuing their ascent, but in a more micro view there's not necessarily a correlation between purchase agreements and equity market activity. (e.g. late 05 - repos accelerate, SPX consolidates; May 06 - repos continue to increase, but SPX began decline earlier, etc.)

And I hope you have a good weekend, too (one not absorbed by thoughts of fed purchase operations) <G>.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext