Well since the FED has become a topic of interest again,...
... I'm surprise there wasn't more interest is what I think was the
LARGEST 1 day CASH MOVEMENT by the Fed's I have ever seen.....esp on a Wednesday !!
Now up until last Wed. I had seen the usually high Thursday's go upward into the HIGH twenty-eight to
tenty-nine BILLION ONLY a few times.....EVER!
BUT....... as you can see last Wed. when the market headed lower in the morning ....allowing me to exit my
shorts at even to a small gain on the RUT..... the FED started pumping,..and when it was done they had went three times that day!
The market rally and Break Out ... well it was Spectacular and off the charts,...
.... just like the Fed Money Pumping CHART below!
April 25th
..Exited the short RUT this morning took 50% to the Long side. There may be other plans for the 50% in cash.
My st Rut Indicator is setting up,...what is a very bullish pattern ... this combined with todays liquidity situation and
what looks to be some extra support here from the fed... and it is just to dangerous for me to remain short today
April 25th FED am post
Interesting, The Treasury added 4 billon short term today and 5 billion yesterday. Here is an updated picture of their actions:
http://jessel.100meg...reasuryRpos.png