got it from zerohedge. including 8 market days in a row beginning with this friday with pomo. unleash the hounds! front run time. market to 1300 by Dec?
The code to write is very easy : buy HFT 20.000 ES contracts. Take 4 points = $4 Million. Ask J.P. Morgan at end of day to convert into EUR, JPY, CHF, Renminbi, AUD, NZD, SAR or even Polish Zloty and Hungarian Forint. RISK FREE MONEY FOR EVERY EUROPEAN TRADER.
Soooooo, now that the Fed is posting liquidity injections.... 1. What happens when they want to stop? When we see there are none scheduled for a few months, does the market take a header? 2. If #1, is correct... does that mean POMOs are now a PERMANENT fixture in the markets? That is, the Fed can't stop doing POMO without the market heading South?
Yes, I figure that they are permanent and our Frankenstein like economy will just become ever the more distorted and grotesque. Those who reside in closest proximity to the liquidity pump will benefit to an ever greater degree while the real economy sucks wind. Of course, as all of this newfound liquidity runs for cover in commodities and ramps input costs for businesses skyhigh, we can expect even more disintegration until we are finally a 100% financial economy that lies its ass off about everything else. Complete third world type shit
Nothing like more POMO to help prop the markets, bubble ben bernanke is doing a fine job creating asset bubbles, inflation and more fun carry trades, this market is one big fat fucking joke.
Yup, every day the markets are open, except thanksgiving week Wed-Fri, until December 10th when the next schedule will be released. I'm sure it will look similar. "Operations are tentatively scheduled to begin around 10:15 AM and close at 11:00 AM unless noted otherwise." http://www.newyorkfed.org/markets/tot_operation_schedule.html