Zeev's Turnips Patch-No Politics (ZEEV)

[federal reserves]

Misoft> POO is exploding upward

now in an almost parabolic move. I see no signs of a pullback.

Look, I don't know what the intelligence says day to day, nobody does but the inside circles, I do know what the POO is doing, its not going down. Its not slowing down. Its going up and fast. All of this when as you say, an economic slowdown is in gear, and the FED is pumping, and everyone is wondering why the stock market is rising on negative fundamentals with wondering PPT action.

I suggest we continue to watch the POO, it is an important indicator. As it rises, it could lead to a sudden collapse in the stock and bond markets, particularly if the FED continues to loosen.