Back To The Starting Block – November 17, 2011

[Billy]

Billy - I've tried to access info on the forthcoming days/weeks for POMO injections via the NY Fed Reserve Bank website - however without success. Where can I get that info? Thanks. Sorensen

Here it is:
http://www.newyorkfed.org/markets/to..._schedule.html

[adam ali]

It would be interesting to hear if anyone on the board has done (or knows of) a study of POMO operations and their correlation to daily price movement in the market. Bob may have a thought on this.

[nickola.pazderic]

We've bounced off YPP twice. I hope the valiant robotic traders will receive reward for their fortitude and patience.

Or, should we panic and quit, as the most prudent course?

[Billy]

Attachment 11464

We've bounced off YPP twice. I hope the valiant robotic traders will receive reward for their fortitude and patience.

Or, should we panic and quit, as the most prudent course?

Nickola, please read Pascal's intraday comment
Billy

[nickola.pazderic]

This morning was the only that I can remember where I fell asleep after getting my daughter to school. I awoke to a nightmare.