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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (27499)3/1/2005 11:12:04 AM
From: russwinter  Read Replies (1) of 110194
 
Must be the "thinkin'", except they never even bothered to really discount this downturn (or worse are they denying it too?).

Something may still come, but so far it appears the Fed just let 9.0 in repos expire without replacement. There is also 6.0 in Treasury loans to Pig Men and Boyz coming off today as well:
ny.frb.org

Unless gravity has been totally abolished, that might put this SMH pump and ramp job, and hence the market in quick jeopardy. I think a big ugly candlestick would be justice for the cognoscenti in this instance.
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