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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: UncleBigs who wrote (65970)	7/13/2006 6:11:33 AM
From: Square_Dealings	Read Replies (1) \| Respond to of 110194

T bill question How is it that the Fed can have an auction for example on 3-month T bills and issue 23 Mln bonds. And then within a short time the T bill (same cusip, expiration etc) can have 64 Mln issues outstanding? Is there a finite supply of T bills or are they part of the printing press machine and theres no limit to how many of these things they can create even after a so called auction? sd

To: UncleBigs who wrote (65970)	7/13/2006 7:28:31 AM
From: phoscan	Respond to of 110194

The last candle on the SP500 is a bearish engulfing. Mind you, these days, the market could do almost anything next. It doesn't seem to be completely "free" any more. stockcharts.com