Posted by dylan398 on 10th of Mar 2011 at 02:13 pm
What should disturbing for stock market bulls it that
tomorrow, on the critical Day of Rage in Saudi there will be no
POMO, and thus stocks will be on their own...
Posted by libertina on 10th of Mar 2011 at 02:30 pm
POMO stands for Permanent Open Market Operations, and usage of
the acronym has carried over to the more recent
operations, Tentative Outright Treasury Operations. It
might be more apropriate to adopt the new acronym TOTO to reflect
what the Fed has done to the economy. "We are not in Kansas
anymore, Toto."
;<)
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No POMO tomorrow
Posted by dylan398 on 10th of Mar 2011 at 02:13 pm
What should disturbing for stock market bulls it that tomorrow, on the critical Day of Rage in Saudi there will be no POMO, and thus stocks will be on their own...
Those FED b@stards are getting
Posted by cw12 on 10th of Mar 2011 at 02:18 pm
Those FED b@stards are getting cocky. lol
POMO?
Posted by mehciz on 10th of Mar 2011 at 02:14 pm
POMO?
POMO
Posted by steve on 10th of Mar 2011 at 02:20 pm
http://www.newyorkfed.org/markets/tot_operation_schedule.html#
Thanks
Posted by mehciz on 10th of Mar 2011 at 02:21 pm
Thanks
POMO Point
Posted by libertina on 10th of Mar 2011 at 02:30 pm
POMO stands for Permanent Open Market Operations, and usage of the acronym has carried over to the more recent operations, Tentative Outright Treasury Operations. It might be more apropriate to adopt the new acronym TOTO to reflect what the Fed has done to the economy. "We are not in Kansas anymore, Toto." ;<)