News Focus
News Focus
Followers 217
Posts 28310
Boards Moderated 2
Alias Born 02/24/2002

Re: federal reserves post# 97497

Tuesday, 04/15/2003 8:10:06 AM

Tuesday, April 15, 2003 8:10:06 AM

Post# of 704041
>>>liquidity does. Yesterday, big AG pumped like a madman,
mearly 5 billion in fresh money, including a 1.4billion
dollar coupon pass, direct monetization of the debt.
Liqudity pumps the market and sentiment follows. People
will point at news events as casual events too.<<<

I have often wondered about those that have a hard time accepting Fed intervention in the markets think where this extra liquidity goes too. Yesterday was a classic. Big move up on very low volume. Most the volume came in 1 and two minute spurts at critical junctures.

Joe



Joe

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today