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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (27493)1/10/2002 4:22:45 PM
From: UnBelievable  Read Replies (2) of 209892
 
It Took A Little Extra Today

When I first checked in the morning I saw that the Fed was injecting $5 Bil. in 28 day repos.

When I checked back in the afternoon I saw that they had added an additional $4 Bil in overnight.

$9 Bil. is a good sized injection for a cloudy Thursday in January and it did not even turn INDU green.

But 5 and 10 yr treasuries are up (yield is down) and the clownbuck managed to close above the 200 SMA so I guess everything is just ducky.

Temporary Open Market Operations:
01/10/2002
The Desk has entered the market announcing:
28-day Systems RP

Total Money Value of Operation (In $Bil.) 5

Temporary Open Market Operations:
01/10/2002
The Desk has entered the market announcing:
O/N RP

Total Money Value of Operation (In $Bil.) 4
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