The Fed has again brought the SOMA to the bottom the bottom of the 5% growth channel. It still seems to be leaning against the speculative fever that has gripped the market for the past several years. With the market in the midst of a liquidity crisis, the Fed’s actions this week and over the past three months are shocking. Going back to March of 04 the SOMA’s growth rate trend is holding at 5%. Why, in the midst of a credit crunch is the Fed still pushing at the bottom of the channel, and threatening to break it? This is the question of the hour. 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.
