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


To: Real Man who wrote (56368)10/18/2014 2:32:20 PM
From: ggersh  Respond to of 71463
 
Yep, but that point has also been in effect
since 08, it won't get any better, the day of
the market is gone. -nfg-



To: Real Man who wrote (56368)10/27/2014 9:46:10 AM
From: ggersh  Read Replies (2) | Respond to of 71463
 
And now comes the true test fro the omnipotent -vbg-


The Day The POMO DiedSubmitted by Tyler Durden on 10/27/2014 - 08:41 For those who follow the Fed's daily intervention in the stock market, today is a historic, if bittersweet day: this is the day when the Permanent Open Market Operations (or POMO) as a result of the QE3 program launched in December 2012, finally die (at least until they are reincarnated yet again). Today, at 11:00 am, the NY Fed's market desk will conclude its 933rd POMO since August 25 of 2005, when it will inject just about a $1 billion in the stock market in the form of a $0.85-$1.05 billion buyback of long-end bonds. And with that, Simon Potter's open market operations desk located on the 9th floor of Liberty 33, will be put on temporary hiatus.