S&P 500 & Nasdaq Analysis and Trends

[AnderL]

The big boys have more money to play with. Since it is a coupon pass it’s a long term transaction. The coupon pass was for $1.375 billion. When you take into account fractional reserves then that coupon pass can get up to $13.75 billion at the disposal of these commercial institutions. Fractional reserves will take time to expand. It should be up to the full amount by midweek.

Good or bad? It depends. Do they use the 13bil to short the markets or buy the dip? And then which dip? Bonds, equities, commodities, or a little bit of each?