It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by thewholepicture
My guess is that a lot of these are shorts term trades by insiders trying to get other traders to buy buy buy, this way right before SHTF they can sell and make a huge profit!
$8.2 Billion POMO Closes
Submitted by Tyler Durden on 12/01/2010
The Fed-Primary Dealer scam continues in plain view. After today's $8.2 billion POMO closed at a 3.7x Submitted to Accepted ratio (below median ratio - surge in stocks right on schedule)....
That being said, with the exception of confidence, what would cause the stock market to gain over 200 today, while the news stated that treasuries took a hit, and we are about to spend even more money we dont have bailing out the EU?