5 replies to this topic

[spielchekr]

Fed Grande Finale Continues~
Slosh Report
Bullandbearwisei



One poster though it would be cute on the thread Calling all reserves to bring up his/her "fade" of my post. That poster was deleted from the thread. He/she may not have known that I only trade Rydex (trades limited to 10:30 & 3:45 or 3:50, no stops), and I tend to view the day's events according to what I can do within that context. So I won't get nasty about it, and I hope I never need to stoop that low to compensate for some deficiency of self-confidence. But I can understand why many posters abandon this board. It's unpleasant seeing a post from someone who trolls for moments to take cheap shots and sucker punches instead of actual trades.

Anyways, I still see this scenario, which is the reason I've been Fed-watching. The early dollar bulls are helping the Fed to help the market makers to orchestrate a blow off top before their summer exodus. Equity prices will continue to levitate until the dollar is allowed to sag and tag critical support. Not that the Fed needs their help, considering the size of the Fed OMO's, but they'll take it. I'm still not fighting the Fed as of 2:00 yesterday (3:50 Rydex time).

[gti_99]

Hi, spielchekr, thanks for the post. I have 2 questions can you please help? Thanks. 1. Would you think the market may be in trouble after 5/2 & 3 as tghe slosh report show negative add? 2. Those large security lending, do they get called back (paid back)? Thanks.

[Mr Dev]

Thanks Sp,

As most here know I follow this type of information pretty closely as well.

And seeing some of these numbers for a Monday just didn't make much sense,...so I checked into the Fed Site

for myself and did some DD.

Last Friday 6.5 accepted, Monday 3.5 and today Tuesday 3.75 all conservative Fed moves.

I think that there was misinformation yesterday when the SLOSH et al came out.....

otherwise I may have been scared out of my shorts early.!!

A closer look revealed .. numbers not even close.

The Total SLosh is High 51 but Thurs brings 45 due.

So as your title goes... protection for others is provided.


Temp Open Market Operation

Edited by Mr Dev, 01 May 2007 - 06:37 PM.

[OEXCHAOS]

One poster though it would be cute on the thread Calling all reserves to bring up his/her "fade" of my post. That poster was deleted from the thread.

I just want you to know that we dealt with that as quickly as possible and I expect it won't happen again.

Occasionally, a less familiar poster will be rude to somone here. They don't realize what we try to do here and why this is a special community. Please try to be patient. It's the price we pay for the new blood and interesting people who find us. This would not be as interesting as a closed forum. In fact, like many closed forums it would be pretty moribund.

So, we leave it open, we require that folks provide us with a real email and a legitimate registration, and then we and the moderators keep a close eye on things. Sometimes faster than others. I will say this: When things get unexpectedly ugly, it's a marker. That alone might be worth the price of admission.

Mark

[jonbear]

Thanks Sp,

As most here know I follow this type of information pretty closely as well.

And seeing some of these numbers for a Monday just didn't make much sense,...so I checked into the Fed Site

for myself and did some DD.

Last Friday 6.5 accepted, Monday 3.5 and today Tuesday 3.75 all conservative Fed moves.

I think that there was misinformation yesterday when the SLOSH et al came out.....

otherwise I may have been scared out of my shorts early.!!

A closer look revealed .. numbers not even close.

The Total SLosh is High 51 but Thurs brings 45 due.

So as your title goes... protection for others is provided.


Temp Open Market Operation

I noted discussion on other boards regarding the large numbers reported for a 5 day forward Repo made on April 25th but not delivered until April 30th where $18B out of $32.2B was accepted. Link for Temporary Open Market Operations daily data is also provided below. Perhaps this provides and explanation of the discrepancies in the data.



Deal Date: Wednesday, April 25, 2007
Delivery Date: Monday, April 30, 2007
Maturity Date: Thursday, May 03, 2007
Type of Operation1: Repo
Settlement: 5 Days Forward
Term of Operation2: 3 Days
Operation Close Time: 10:20 AM

http://www.ny.frb.or...m?SHOWMORE=TRUE

[Mr Dev]

Oh yeah how could I forget that one..

3 time on a Wednesday... I'd never seen that one before.

April 25th am Post

Thanks for sharing

Edited by Mr Dev, 02 May 2007 - 02:38 AM.