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Did TOMO Just Rape The Market?
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Did TOMO Just Rape The Market?

Did TOMO Just Rape The Market?

by MoleSeptember 9, 2011

Well, we all talk POMO, but what about TOMO?

I missed the TOMO sale, the market did not. Somebody got a big TOMO (reverse repo from the FED), and somebody totally hosed the fed for about 100-300bps on $100B (depends on the bond). Congrats to whomever accomplished this.

So two big sales, and two of the largest plunges the market has seen in some time. Go figure in an autonomous based fiat system something like this can happen (tongue in cheek).

Now, lets look at the POMO + TOMO chart.

And to ensure proper asset propping up…

Well there you go, watch the FED.

Cheers,

Volar

About The Author
Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.