DrStool Posted October 7, 2010 Report Share Posted October 7, 2010 do you have a minute to comment on net free reserves as a leading indicator of stock market in context with that comment You mean the trillion the banks have on deposit at the Fed? I've never seen any correlation between that and the stock market. In fact, the market collapsed as reserves were blasting off in September October 2008. AHA, I get it! It took me a while. So there should be an inverse relationship. The stock market should rise as reserves come down? No, it doesn't work like that. The fact that they went in opposite directions in 2008 wasn't coincidental because of other things that they were doing simultaneously, but it was not a cause and effect relationship. I would not expect falling reserves to necessarily go hand in hand with rising stock prices. It would depend on the circumstances causing the reserves to fall. Could be that stock prices might do something as a correlative, or they might not. There are other things which do directly correlate having to do with certain components within the money supply. I won't go into detail, but here's a chart which you see every week in the Fed Report. If you are not a subscriber, join specie and many other species of stoolie, and stay up to date with the machinations of the Fed, Treasury, and foreign central banks in the US market, along with regular updates of the US housing market, in the Fed Report in the Professional Edition, Money Liquidity, and Real Estate Package. Newbies get to try it risk free for 30 days. Don't miss another day. Get the research and analysis you need to understand these critical forces. Be prepared. Stay ahead of the herd. Click this link and get in RIGHT NOW! Link to comment Share on other sites More sharing options...
DrStool Posted October 7, 2010 Report Share Posted October 7, 2010 If the 5 hr cycle is working, that should have been the top. Link to comment Share on other sites More sharing options...
DrStool Posted October 7, 2010 Report Share Posted October 7, 2010 But if the market sells off here, you could knock me over with a feather. It should churn sideways at worst. Link to comment Share on other sites More sharing options...
dogsie Posted October 7, 2010 Report Share Posted October 7, 2010 NYSE Mclellan back to zero, they never seem to get a steady continuous move up. Link to comment Share on other sites More sharing options...
specie Posted October 7, 2010 Report Share Posted October 7, 2010 hey doc, thanks for answering my question and for that great chart from the Fed Report in the Professional Edition, Money Liquidity, and Real Estate Package. tracking pretty good there Link to comment Share on other sites More sharing options...
DrStool Posted October 7, 2010 Report Share Posted October 7, 2010 God I'm trying so hard to market my work. And you know how much I just love self promo. <_ but it just not working. i don know what have to do. a headache... tired... pee... old... going take nap.> Maybe that will work. See you guys tonight! In the meantime go read http://takemystockplease.com Easy to remember. I know what will work. A thousand point decline in the Dow. Yeah, that's the ticket. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted October 7, 2010 Report Share Posted October 7, 2010 The effing market looks like it's bobbing for apples along with the dollar...this is a joke. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted October 7, 2010 Report Share Posted October 7, 2010 apparently MSFT and ADBE ceo's had lunch... check the thing out...funny also yesterday someone upgraded adobe curiously because it had a rat sheet quarter and missed. Just discovering price. Link to comment Share on other sites More sharing options...
MrHanky Posted October 7, 2010 Report Share Posted October 7, 2010 The effing market looks like it's bobbing for apples along with the dollar...this is a joke. Same crap as every other day...... I need a dip to buy more TURD before it goes parabolic! Link to comment Share on other sites More sharing options...
MrHanky Posted October 7, 2010 Report Share Posted October 7, 2010 apparently MSFT and ADBE ceo's had lunch... check the thing out...funny also yesterday someone upgraded adobe curiously because it had a rat sheet quarter and missed. Just discovering price. After the internut bubble tons of stocks ended up discovering their price too.... It was zero Link to comment Share on other sites More sharing options...
Ags Nightmare Posted October 7, 2010 Report Share Posted October 7, 2010 Same crap as every other day...... I need a dip to buy more TURD before it goes parabolic! If we rally, Oscar meyer sold the jobs report for 150k....this is market is flat out rigged. Link to comment Share on other sites More sharing options...
MrHanky Posted October 7, 2010 Report Share Posted October 7, 2010 Bots not giving in at all...... Dips immediately bought,ES down a whole point! Link to comment Share on other sites More sharing options...
MrHanky Posted October 7, 2010 Report Share Posted October 7, 2010 If we rally, Oscar meyer sold the jobs report for 150k....this is market is flat out rigged. If it wasn't rigged the Dow would be at 3k....maybe. Link to comment Share on other sites More sharing options...
swordfish Posted October 7, 2010 Report Share Posted October 7, 2010 The Federal Reserve needs to pump at least $6 trillion to $7 trillion more into the U.S. economy to have any meaningful impact on sluggish growth, former Bush economic adviser Marc Sumerlin told CNBC. http://www.cnbc.com/id/39557679 Joke of a day! Link to comment Share on other sites More sharing options...
MrHanky Posted October 7, 2010 Report Share Posted October 7, 2010 It's almost time for them to buy the usual 100 billion ES futures in the last 3 minutes....... Link to comment Share on other sites More sharing options...
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