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Jerry Olson

04/15/03 8:07 AM

#97499 RE: federal reserves #97497

FR

sorry have to disagree...the mood of the traders and investors changes like the wind direction..i trade sentiment all the time...

and while the PPI et all are negative, that too will fade away as we move into the summer months...

yes the FED plays a big part of course..but it's the street that puts the money into stocks...
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Joe Stocks

04/15/03 8:10 AM

#97500 RE: federal reserves #97497

>>>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


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yayaa

04/15/03 8:23 AM

#97503 RE: federal reserves #97497

Fed? Where do you get the daily figures from the fed,and what time are they available? tia