Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MythMan who wrote (337678)	7/2/2007 10:23:21 AM
From: Real Man	Read Replies (1) of 436258

A part of the back room called securities lending -g- I guess they are still a bit afraid to print outright. These are all April/May coupon passes ny.frb.org Count 3 months from the first coupon pass, and that's the time liquidity is eaten (an empirical observation) and a minor correction starts. The end of the minor correction usually coincides with the first coupon pass of the next series, and some other liquidity supplied by the treasury. (Actually, the biggest up days occured 1 day in advance of the coupon pass during late Greenspan era, now I think they more or less coincide; I guess nobody tips the right people anymore -ggg-) That's when the Fed decides the market has declined enough already. Well, the Fed stopped outright printing in the beginning of May, and it's about 3 months from the start of the last liquidity campaign, so we should have a correction. But it is wrong to think the Fed won't print again - it's their job. To protect against inflation, of course -g- BK will only come once the Fed does not matter.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next