Abet Chichi2

[chichi2]

Education: Alert= A whopping 49B matures tomorrow, watch Fed#'sClosely.

Bob3 will of course Post the Fed Numbers for tomorrow, they will will come over a few hours as Fed releases them.

If they put in nothing, the Mrkts would drop gain, 100+ Dow pts.
They of course would not do nothing. They will add, the key question is how much?

As of now, the Fed has put in a very large amount to keep the Federal System Liquid and to hold whatever they want the interest rates to be. The Total amount they have in as of 5/21=134illion. If they added nothing, it would drop to 5/22=85Billion.

See graph for the disaster that would happen, so they must Add. Again the question is How Much?

Note a week ago they were in the 132 area, and in my mind were trying to drop to a lower level to cut down on Inflation caused by that higher level. But, the markets started down, and liquidity was too low, and ??? >> so they raised Adds to this level again. See the chart at Slosh.
http://www.gmtfo.com/RepoReader/OMOps.aspx

Thursdays are normally the biggest input days, but this one is particularily big maturity day.

This is where Bob3 gets his daily numbers
http://www.ny.frb.org/markets/omo/dmm/temp.cfm?SHOWMORE=TRUE

Bob3 has other sources too for some of his Fed written posts.