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A Moment Of Awakening . . .


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Sweef..........

 

LOW, 60 minute. Now 39.87

 

Approaching that do or die level of 39.75 - 39.80 of ascending trendline. Does it break this time? Still short from yesterday late entry at 40.57.

 

Update...closed short 39.87. Dont think it going through this time.

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ABC News/Money Magazine Consumer Comfort Index slipped from -17 to -22 this week. The all time low was -24 in the beginning of October. Refis were down 8.6% and mortgage apps were down 7.2%. Chain store sales were down 2.2% last week.

 

All of these are pointing in that exact opposite direction of expectations around the holiday season.

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Net drain of 3.75B on the FEED.

Correction: The repo money is a net add, because the 8.25 from yestiddy is a 2 day rp. So there are now 12.75B of feed circulating, expiring tomorrow. Lots of feed for now. Stoolies beware.

so that means they have 12.75 billion to work with today? :o

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Net drain of 3.75B on the FEED.

Correction: The repo money is a net add, because the 8.25 from yestiddy is a 2 day rp. So there are now 12.75B of feed circulating, expiring tomorrow. Lots of feed for now. Stoolies beware.

so that means they have 12.75 billion to work with today? :o

Yes. 17.75 if you count the 5B repo also expiring tomorrow, but it's been in there for weeks.

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