The best the market could do with the help of the largest Fed liquidity injection in 6 years was to close down slightly. This does not bode well for next week, considering that the Fed did $46 billion in net adds in two days. On Monday, the Fed will need to roll over the $38 billion in repos it added on Friday just to maintain the status quo. Only it’s not a status quo environment. The markets face an additional problem, and it is a huge one. Click here to download complete report in pdf format (Professional Edition Subscribers).Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.
