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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Dan Duchardt who wrote (5780)	3/3/2002 1:34:57 PM
From: Louis V. Lambrecht	Read Replies (1) \| Respond to of 33421

Dan, I recall of two sessions last Spring and Summer when suddenly the spoo (eMini) had an extra 50k volume above average on normal dull days. But the market were helped. I thankfully was not positionned when this happened. I don't really care if the volume came from the Fed or from the BigMo. Fact is, that it only takes $25mil performance bond (at the rates I am at my broker) for an hour or two (be flat after the pump), to achieve such turnaround moves. Is $25mil credit for two hours BigMo? OTOH, definitely is, IMHO, one of the tools I would use if my goal was to pilot the market for a soft landing.