Trade the Cycles

Friday, August 25, 2006

Fed Credit Fell By -$4.209 Billion W/E 8-23-06

Fed Credit fell a substantial -$4.209 Billion in the week ending 8-23-06, see http://www.federalreserve.gov/releases/h41/Current/. Therefore, index fund traders have less ammo and weakness in most indexes is likely, because SPX (S & P 500) weakness is likely. SPX drives index fund trading, which is a huge factor that most are unaware of, see http://finance.yahoo.com/q/ta?t=5d&s=%5EHUI&l=off&z=l&q=c&a=m26-12-9&a=p12&a=fs&a=w14&c=&c=%5EGSPC. ....... http://www.JoeFRocks.com/