Federal Reserve adds $70 BILLION in Liquidity to the Markets Today

[Dantheman62]

Originally Posted by QUESTINY

I closed all my positions and funds in November last year before I moved to the center of the country.

Greenspan would've never let this get this far..... would he......?

[Down Syndrome Adonis]

Bill Fleckenstein, president, Fleckenstein Capital came right out and largely blamed Greenspan for this mess on BNN tonight and with good reason.

http://watch.bnn.ca/squeezeplay/sept...008/#clip93475

[GregorArturo]

No I didn't touch the stocks for the calc. The Federal reserve has a statistic of the US Money Supply. Basically you divide 70 billion by the most recent M2, which is 7.7 trillion = aprox 1%

http://www.federalreserve.gov/releases/h6/current/

[Dantheman62]

Originally Posted by Down Syndrome Adonis

Bill Fleckenstein, president, Fleckenstein Capital came right out and largely blamed Greenspan for this mess on BNN tonight and with good reason.

http://watch.bnn.ca/squeezeplay/sept...008/#clip93475

OOOOpppsss! PEACE!

[QUESTINY]

Originally Posted by GregorArturo

No I didn't touch the stocks for the calc. The Federal reserve has a statistic of the US Money Supply. Basically you divide 70 billion by the most recent M2, which is 7.7 trillion = aprox 1%

http://www.federalreserve.gov/releases/h6/current/

Got it thanks. It's still a mess as you stated.