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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (6522)	4/23/2008 8:12:38 PM
From: Real Man	Read Replies (1) \| Respond to of 71475

Yep, 75 bln. more of the Big trash can called the Fed balance sheet got to get filled. This is a drain, however, so not bullish for now -g- Now, will they cut or are they done? If they are done, this is the last bullet, then wait until the trash can is full, and Bingo!

To: RockyBalboa who wrote (6522)	4/23/2008 8:48:28 PM
From: Real Man	Read Replies (3) \| Respond to of 71475

It's not a drain, cause I see no permanent operations. It's a renewal - 28 days are up. They have to do that, of course, or else...

To: RockyBalboa who wrote (6522)	4/24/2008 1:23:50 AM
From: Giordano Bruno	Read Replies (2) \| Respond to of 71475

Libor to Rise Further as Banks Remain Wary, Derivatives Signal The persistence of banks' need for cash and increase in Libor rates has triggered speculation that the Federal Reserve will increase, for the third time, the amount it loans through its Term Auction Facility, which is known as TAF. The Fed has auctioned a total of $360 billion in temporary funds through TAF since its debut in December. This month, both TAF auctions were for $50 billion each in 28-day loans. bloomberg.com 360 billion, nice float. youtube.com