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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: skier31 who wrote (73798)	11/11/2022 6:06:32 PM
From: Lee Lichterman III	1 Recommendation Recommended By skier31 Respond to of 97605

No, I hadn't seen that but they are basically saying what I have been doing. I post the Fed balance sheet minus TGA and RRP which is the same thing. The only difference is they are focusing on the TGA instead of the Fed balance sheet minus all that. In the end, we are both looking at the TGA as the cause of the August and current rally which is what I have been saying the last few weeks. The Fed is draining but the Treasury is pushing on the gas. I don't know the legality of using the TGA like this. It's supposed to only be a short term checking account for payment of normal bills. Pay for government employees, contracts, equipment purchased etc. It's not supposed to be used for goosing the market. I wonder what Rand Paul would think of this? LOL

To: skier31 who wrote (73798)	11/11/2022 7:40:39 PM
From: Lee Lichterman III	1 Recommendation Recommended By skier31 Read Replies (2) \| Respond to of 97605

I had been using the weekly TGA numbers so I did use the daily link they mentioned. It's a pain in the rear so I doubt I will keep up with it but regardless, here is the raw TGA only compared to the SPX. It is working short term but on the longer term charts, it is just noise. The really long term doesn't correlate at all so I won't show that one. Interestingly, that link did break TGA into various categories. In it, I noticed there was a special fund created from 2008 until 2012. I guess that is where Biden got the idea for the current games. I guess Obama started goosing the market at the end of 08 and then once it was clear it was fixed, they phased it out in 2012. Dems are crooks!!!!! AT least they are public about their games for those willing to look. Here is RAW daily TGA vs SPX. Note TGA index is inversed since draining is positive liquidity... Midterm raw TGA look, but not as good as my existing Fed Balance -TGA-RRP in my opinion Here is the zoomed in short term look at Raw TGA. This does look useful though it still has a one day delay just like my spread charts....