The Fed Spiked The Punch As Usual On A Thursday BUT

The Fed spiked the index fund trader punch today as they always seem to do on Thursday, but, the $6.25 Billion one day Repurchase Agreement or "Repo" as it's called is average at best, and, the total of $13.25 Billion in Fed Credit today is average for a Thursday, see http://www.newyorkfed.org/markets/omo/dmm/temp.cfm?SHOWMORE=TRUE. So, index fund traders probably won't provide much help to gold/silver stocks today since Fed Credit has been below average this week. The S & P 500 (SPX) is the index to watch as it drives index fund trading. ....... http://www.JoeFRocks.com/

Fed SPX