InvestorsHub Logo
Followers 88
Posts 3679
Boards Moderated 1
Alias Born 09/30/2005

Re: snootmagruder post# 9497

Thursday, 11/11/2010 6:03:40 PM

Thursday, November 11, 2010 6:03:40 PM

Post# of 17387
I don't know snoot,

It looks like an attempt to hold the markets up through the holidays to me.

They said they were going to do 600 billion over 8 months and now we have 121 billion in the first 17 days, doing a POMO every day?

If they buy them directly from the tresurey it won't have as much of an impact. But if they buy them from the banks that money will go pouring into risk assets.

That's the way I'm seeing it.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.