FED fights … using ALL WEAPONS …
The Federal Reserve said it was making it easier for financial institutions to access Fed liquidity by easing terms on its borrowing facilities and accepting a much wider range of assets as collateral. The Fed meets to decide on interest rates on Tuesday.
It widened the set of assets eligible as collateral for loans of Treasuries to include all investment grade paper, and raised the size of these Treasury loans to $200bn.
The Fed also suspended rules that prohibit banks from using deposits to fund their investment banking subsidiaries.
USING DEPOSITS???
That is a BOLD, BUT DANGEROUS MOVE!!!
Take care … Market COULD BOTTOM … but give it TIME … Friday’s expiration is to be watched CLOSELY!!!
Tags: expiration, FED
September 15th, 2008 at 17:44
no way
this is going down dude!
September 15th, 2008 at 18:30
this is no time to be a bull Olli.
?
September 15th, 2008 at 19:15
I am not a BULL … I am purely technical …
What I see is, that we have … DESPITE THE BAD NEWS … trouble to go down … so I am READY for a change of TIDE …
as the ECB … I never PRECOMMIT *loool* I do the NECESSARY
If the bottom braeks I reshort … if I see the turn … I ride it … at the moment … I am flat … only daytrading …
Time will tell mate
September 16th, 2008 at 02:06
$ is doomed
September 16th, 2008 at 08:57
18 out of 30: … my favourite pattern indicates a long setup for 18 of the DAX constituents (just for today and only short term) …
a lot of them are far away from being executed but in total this is an interesting indicator for finding a bottom today …
but watch out for the waves … this also indicates a lot of fast swingpower
September 16th, 2008 at 09:06
… LHA has been executed and is long for some 1 – 2 % …
September 16th, 2008 at 09:12
Portfolio ATTACK … live
September 16th, 2008 at 09:27
dont worry … its a computers job …