Friday, March 19, 2010

Today 3-19-10's Fed Credit was well below the recent average


Today 3-19-10's
Fed Credit was well below the recent average (about $5.300 Billion average), at $3.862 Billion, see http://www.ny.frb.org/markets/seclend/sec_lendop.cfm, coinciding (no coincidence, Fed Credit/liquidity fuels the large index-related program traders) with significant SPX (S & P 500, http://stockcharts.com/charts/gallery.html?s=spx) weakness today.

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