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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject8/15/2003 4:04:35 PM
From: isopatch  Read Replies (2) of 36161
 
OK guys. Honk if you've EVER seen a 20 Billion $ Repo!!!

(FYI, <O/W RP> means an over the weekend Repo. which is an injection of reserves into the credit system for that specific time period)

app.ny.frb.org

Not to worry. I'm not raising my hand either.

And look at the size of the injections for the preceeding days, this week. Looks to me like a record week, or very close to it.

This my friends is truly a mega tsunami of fiat money creation. There may be an <event> about to surface in the media that's a lot bigger than a one day power blackout! Like a major financial institution in danger of foundering.

Whatever is going on, Greensputin has shifted into panic mode. Methinks some real fireworks are ahead for the markets.

Isopatch
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