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

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To: bart13 who wrote (73848)11/8/2006 10:32:29 AM
From: $Mogul  Read Replies (1) of 110194
 
"Hard to say what one days data really means, but I sure did not expect an $8 billion 6 day TIO nor a $7.5 billion 1 day repo today.The "piggy bank" has over $60 billion in it today."

It is just good money chasing bad at this point. They have printed enough to waste it I assume. I would imagine mutual funds wil be selling the heck out of positions they have held for a while as PM's must re-think their positons with a Dem. house and what looks to be a Dem. Sentate.
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