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federal reserves

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federal reserves

Re: andy20020 post# 161439

Wednesday, 10/15/2003 5:15:09 PM

Wednesday, October 15, 2003 5:15:09 PM

Post# of 704019
Andy>FED action

Each day the net action is posted here usually about noon.

http://www.bullandbearwise.com/FOMOOutChart.asp


20.25b expires tomorrow. So unless the FED adds that much
or more in repo's, they will be draining from the banks.
I've created a fake trading fund, and will be posting the
results here on the thread. Should be fun to see if we
can score some profitable trades using the FED as a guidepost.

IMHO they tend to buy low and sell high.






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