We’re past that now Trek. Plus, I think it was a real print anyway… at least the one I see was. I have it at 11:00 am on the 5 minute chart, but nothing past that time period.
Purchase completed for only $550 mil. That means over $10 billion left to hit target. Interesting…I can totally see a 2 huge purchases next week for the headfake…
Yeah, no kidding. Of course, AFTER the Fed causes a crash as a direct result of its injections, we’ll have hearings and inquiries up the wazoo, which will add up to a hill of beans.
Because it pumps indirectly through its counterparties, I guess that’s what we would call “plausible deniability”.
http://www.newyorkfed.org/markets/tot_operation_schedule.html <- reason for inexplicable market bounce
"Fed injecting huge liquidity into markets on these days (10:15AM 11:00AM)...note bounce off lows this morning at 10:15
If your trading in the ponzi market, you may want to bookmark this $ injection schedule." [from another board]
Danny Riley talks about a trade called “The Walk Away Trade”, at about 1:45 in on the video. This Thursday at about noon could be the end of the money injection… meaning the selling that follows won’t be bought back up.
We’re past that now Trek. Plus, I think it was a real print anyway… at least the one I see was. I have it at 11:00 am on the 5 minute chart, but nothing past that time period.
SPY FP at 114.20.
Dow Jones Futures comes back to the resistance line
I added the link under my “Helpful Information” category… now if I can just remember to check it daily. LOL
You and ACP will remind me…
Purchase completed for only $550 mil. That means over $10 billion left to hit target. Interesting…I can totally see a 2 huge purchases next week for the headfake…
I forgot to mention – look at those intraday gaps. A little overexuberance with the pumping!
Yeah, no kidding. Of course, AFTER the Fed causes a crash as a direct result of its injections, we’ll have hearings and inquiries up the wazoo, which will add up to a hill of beans.
Because it pumps indirectly through its counterparties, I guess that’s what we would call “plausible deniability”.
http://www.newyorkfed.org/markets/tot_operation_schedule.html <- reason for inexplicable market bounce "Fed injecting huge liquidity into markets on these days (10:15AM 11:00AM)...note bounce off lows this morning at 10:15 If your trading in the ponzi market, you may want to bookmark this $ injection schedule." [from another board]
Gang, here’s yesterday’s Mr. TopStep video…
http://www.youtube.com/watch?v=WZqH3yajBGY&feature=player_embedded#!
Danny Riley talks about a trade called “The Walk Away Trade”, at about 1:45 in on the video. This Thursday at about noon could be the end of the money injection… meaning the selling that follows won’t be bought back up.
Welcome to the Wizard of Oz… aka Ben Bernanke.