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I thought there was a POMO today but on the NYFED's site it shows nothing scheduled ... ?
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Last day of the month, last day of the quarter. With the hat trick safely in place (Sept 2010 up 8%) how desperate are the powers to hold on today?
I always laugh when some people snicker at the idea that there's no manipulation in the markets by your average (large) money manager yet they take for granted that there is end of quarter "window dressing" going on.
Can you say opposing beliefs aka cognitive dissonance.
you know what would really be a highlight:
10:00: Federal Reserve Chairman Ben Bernanke pleads guilty to crimes aginst humanity and begs for mercy as the nuremberg trials mark II begin. He will be joined by co conspiritors FDIC Chair Sheila Bair, SEC Chair Mary Schapiro, and CFTC Chairman Gary Gensler.
Wow, that was a stick save by massaging some numbers.
Ok, now can anyone tell me:
the numbers are OK. spain just confirmed them.
I'm frontrunning JPY and CHF interventions. Fasten Seatbelt.
you expecting the swiss to step in again; the last few times didn't work out all that well for them if I recall.
I don't think they will have a choice. Bruce Krasting discussed the possibility of a two tier franc a while back, which would essentially be a selective tariff.
What is interesting is so many currencies at breaking point all at once. JPY, AUD, CHF, EUR.
A waterfall awaits.
Can you imagine the complexities of a two tiered franc????
I see your point, yes everyone is at the tipping point:
Uncle Ben is manning the pumps to finish off the month;
Spain needs to get a new calculator
Ireland, Italy, Port, etc....
Japan trying to keep it down....
And of course who can forget Brazil and Powerhouse Peru.
This is going to be an interesting day.
Metals already up pre market, course with this mess shouldn't be a surprise.
I should say that I've been clicking away at your charts for the past two weeks. So it's about time I gave you a shout out and a hearty "good job".
Thanks. They're my subversive acts.
Market will skyrocket today....unless something bad happens.
More B.S. Backwards looking revisions, Zerohedge I am sure we would love to see some stats on what % of Government Numbers are getting downwardly revised in the month following them getting put out there.
Seems like every one !
Read the BLS Reporting thread today. IT is 90% of the time BLS Revises their data. IT is rosey on the report date, then revised backwards.
90 percent of the time!
What would happen at YOUR JOB if we had to redo your work 90 percent of the time?
Based upon most company promotion policies, abject failure is always promoted to the corner office....as long as you're an ass kisser and will carry the water. If you're one of the peons, it's off to the slave ship for you.
It's not what you do, it's not who your know, it's who you bl......
Hey...it's early still.
What's the significance of the "99er". As in 99 percentile?
Or did you blindly punch keys when asked to pick a ZH ID? :>)
There are certainly a lot of details like that to take into consideration.I read and understand the entire article and I really enjoyed it to be honest.cheap vps | windows vps | forex vps
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