The Fed and Treasury have been extremely quiet over the last few days, since the fat finger event, (perhaps on vacation).
Maybe they took a holiday from printing now that the flow of money is headed towards them as TLT opened with a huge gap Today and has been steadily up for 6 days.
I have been saying this for a while, this is the medicine that they need for a while......... problem is this medicine will only last until the dollar falls over the cliff, then we have the next Greek crises supernova style. By my calculations they have another 10 months to continue to play this game until the buck rolls down into oblivion and Treasuries tank at about 100 $USD give or take a few pennies.
GS.
Anybody heard about phat finger or Benny or Tim?
Started by
goldswinger
, May 20 2010 11:58 AM
1 reply to this topic
#2
uburack
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- Traders-Talk User
- 628 posts
Member
Posted 20 May 2010 - 12:00 PM
The Fed and Treasury have been extremely quiet over the last few days, since the fat finger event, (perhaps on vacation).
Maybe they took a holiday from printing now that the flow of money is headed towards them as TLT opened with a huge gap Today and has been steadily up for 6 days.
I have been saying this for a while, this is the medicine that they need for a while......... problem is this medicine will only last until the dollar falls over the cliff, then we have the next Greek crises supernova style. By my calculations they have another 10 months to continue to play this game until the buck rolls down into oblivion and Treasuries tank at about 100 $USD give or take a few pennies.
GS.
Dunno but Barney Frank is coming out of his cave later today.
John 21:6 And he said unto them, "Cast the net on the right side of the ship, and ye shall find". They cast therefore, and now they were not able to draw it for the multitude of fishes.
