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To: yard_man who wrote (1259)	9/27/2010 4:47:04 PM
From: ggersh	Respond to of 17549

oooppppssss, liar, liar -vbg- Whoever said I knew what I was doing? Oh, it was you! -g-

To: yard_man who wrote (1259)	9/27/2010 4:52:55 PM
From: ggersh	1 Recommendation Read Replies (1) \| Respond to of 17549

zerohedge.com In a surprising, and at the same time completely expected reversal, all those who thought that Monday's always close due to mutual fund inflows were stunned to see a red close. Which should not be too surprising: after all there was no POMO today - period. The only days that now have a chance of closing in the red is when the Fed is not directly involved in greasing stocks through its open market operations. Which means tomorrow should most likely end green - Tuesday and Thursday are this week's POMOs: tomorrow the Fed will buyback TIPS maturing without maturity limitation, while Thursday will see the monetization of longer-dated bonds, due 2/15/2021 – 8/15/2040. Following these two actions, the Fed will next send Amazon, Netflix and Apple to fresh quintuple digit forward PEs on October 5 and 6. And one thing that has not changed, is that still nobody trades. NYSE volume was under 4 billion shares, which to Wall Street means just one thing: layoffs. It appears that when even the FRBNY is out, already abysmal volume gets even worse.