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View Full Version : Down 300+ today????


IBC
02-05-2008, 03:40 PM
Bad news. Rally baby! Are we done with the speculative bump the stimulus package gave us? Whats gonna happen boys? Will my retirement lose another 50 bucks this month?

thrasymachus
02-05-2008, 05:34 PM
We need to start another war to boost the economy.

Jiddy78
02-05-2008, 08:55 PM
Bad news. Rally baby! Are we done with the speculative bump the stimulus package gave us? Whats gonna happen boys? Will my retirement lose another 50 bucks this month?


I don't believe the downward trend is broken....Watch the fed....Heck...Watch it over the last year....Everyone keeps on talking about how they are "pumping" money....They ain't pumping sh*t....Look at the SOMA from a year ago to now...They've been draining...and the market has acted according with the lack of liquidity. The question is....Why?

BoredWithNoSB
02-05-2008, 09:06 PM
They ain't pumping sh*t....Look at the SOMA from a year ago to now...They've been draining...

wiki is no help on this one. Ryr, you have any idea?

ryr8828
02-05-2008, 09:18 PM
wiki is no help on this one. Ryr, you have any idea?

None.

ryr8828
02-05-2008, 09:21 PM
Aha!
System Open Market Account Holdings.

Jiddy78
02-05-2008, 10:06 PM
wiki is no help on this one. Ryr, you have any idea?

http://www.federalreserve.gov/releases/h41/

Table 2.

Enjoy.