Zeev's Turnips Patch-No Politics (ZEEV)

[insanediego]

hi fed reserves, i'll ask the question... "what happens next?"

i saw your post yesterday, and it is interesting (but not surprising) to see AG drop another $7.25b in O/W Repos. you think he keeps liquidity up through elections? more huge Repos on Monday & Tuesday?

just saw Cramer say he was looking for a "trifecta" on Wednesday: 1) good election news (who knows what that means), 2) good fed news (.25 vs .5 rate cut?), and 3) CSCO earning after the close.

i'm trying to find a catalyst to reverse this 4-week bull run, other than my charts and technical indicators which keep going up - overbougt, what's that? <vbg>

regards,
insanediego