Once Tuesday’s big Treasury settlement was out of the way, the market had clear sailing, with another paydown of T-bills at Thursday’s settlement adding to the Fed’s POMO to fuel rallies in both stocks and bonds late in the week. Sure, this market is news driven, but it followed the pattern we had expected even before the earthquake and tsunami, and before the UN passed the Libyan No Drive Zone. 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.
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