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In an experimental use of fish tanks at the University of Pennsylvania dental hospital waiting room, watching the fish was found to lower the patients' blood pressure as effectively as medication. Petting dogs or cats has the same effect on blood pressure. - - - from the current PAWS Newsletter

 

But what about ratties and mice?

 

mouse4.gif

 

From ars.usda.gov

Just stopped in for a minute to answer your question Glad.

 

Of course! :grin:

 

But,

 

The mouse finds petting, especially heavy petting, raises the mouse's bloodpressure, amongst other things (If you know what I mean :wink2: and I speak from personal experience on this.).

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Oooo! Fake me! Fake me hard!

Dont piss on those positive divergences so easily. You got them in 5 minute, 30 minute and 60 minute charts, but not 15 minute. Hmmm. Also have daily chart stochastics being in the Dover Sole position. And since the market hasnt gone essentially anywhere for two months, I guess you could call that a non-trending market and perfect time for use of oscillators.

 

Anyway, like we have said....wait till 890 to 915 breaks. Otherwise go to sleep. This piggy market aint rolling over that easy. Enjoy the aggravation.

 

Rockhead has been quiet last couple days. And taking today and tomorrow off. Good trading to all.

 

Bassomatic people, bassomatic.

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Temporary Open Market Operations: 12/19/2002

Maturity Date: 12/26/02

Delivery Date: 12/19/02

The Desk has entered the market announcing: 7 day RP

Temporary Operations Statistics:

Treasury Collateral Operation Agency Collateral Operation Mortgage-Backed Collateral Operation

Weighted Average Rate

1.250 NA NA

Stop Out Rate (Lowest Rate Accepted) 1.250 NA NA

Highest Rate Submitted 1.250 1.280 1.290

Lowest Rate Submitted 1.190 1.240 1.250

Total Propostions Submitted (In $Bil.) 24.050 13.950 11.850

Total Propositions Accepted (In $Bil.) 4.000 0.000 0.000

 

Total Money Value of Operation (In $Bil.) 4

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Is today the day Al blows the roof off? Want to know what to expect from the Feed each Day?

 

Your nightly Anals includes the daily charts of the Total Feed Index and the Feedometer, which measures the jamming potential of the Feed.

 

Here's what Doc said last night about the current state of the Feed.

 

The Feed?added a net of $2.5 billion, with $6 billion in new overnight repos against an expiring $3.5 billion. Turdsday's expirations include the current  $6 billion round of overnight repos, $4 billion in 3 day repos, and the usual Turdsday 28 day repos, this time totaling $3 billion. The last couple of weekly rounds of 28 day repos have been $5 billion and $7 billion.?Turdsday's expirations total $13 billion. (In case you're wondering why it's called Turdsday, it's the day the Fed makes its weekly releases after the market closes.)?

Total Feed (total Fed holdings of loans and securities) remains right at the top of the 8% growth channel, but has been growing at a 29% annualized rate over the last 4 weeks! If Al doesn't drain tomorrow, it will be clear he intends to flatulate us into hyperstagflation, where prices rise 20 to 30% a year, there's no growth, and no real profits.  The Great Flatulation Experiment (GFE), will be in full swing.?

 

Keep in mind that since all this excess flatus began in late October the stock market has gone exactly nowhere. These are the seed kernels of hyperstagflation.??

 

What's the Feed, you ask? It's the Fed's buying, selling and lending of paper to the Gang of 22, the Fed's henchmen in the market. They take Feed money and buy bonds, stocks, or other paper. The Total Feed Index is a graph of the Fed's total holdings of loans and securities, while the Feedometer measures the amount of Feed above or below Al's targeted trend.

 

Get the Feed Index and the Feedometer in your Anals each evening. Click the link below for immediate access.

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