Trade the Cycles

Thursday, February 18, 2010

Fed Credit Rose a Massive +$30.992 Billion in the Five Day Period Ending 2-17-10

Fed Credit rose a massive +$30.992 Billion in the five day period ending 2-17-10, see http://bit.ly/Ys2ds, thanks to a massive $53.191 Billion purchase of Mortgage-backed Securities, and, corresponds with the substantial rise in SPX (S & P 500, http://bit.ly/i0nsT) recently.

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