the setup: US markets down ~ 2+/-% (Europe ~ -2.6%), POMO today
less than $2 billion in long bonds., thin holiday trade (going to
get thinner later this afternoon), what happens if the mkt holds
near the lows or continues to slide nearer the close, will the
'machines' get turned off early? hmmmmm
if I recall, last time we were
down 300+ plus this time of day ..... nah, couldn't
happen....????? but ya never know....
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a perfect storm?
Posted by hazbin1 on 18th of Apr 2011 at 11:11 am
the setup: US markets down ~ 2+/-% (Europe ~ -2.6%), POMO today less than $2 billion in long bonds., thin holiday trade (going to get thinner later this afternoon), what happens if the mkt holds near the lows or continues to slide nearer the close, will the 'machines' get turned off early? hmmmmm if I recall, last time we were down 300+ plus this time of day ..... nah, couldn't happen....????? but ya never know....