POMO

开小差 · 发表于 2010-12-6 11:26 PM

ding

happylux · 发表于 2010-12-6 11:49 PM

Don't understand.

ppteam · 发表于 2010-12-7 12:02 AM

回复 3# happylux

geez.
POMO stands for Permanent Open Market Operations and it is how the Fed goes into the open market to buy (or sell) treasury securities. The net effect of this buying is an influx of cash into the system. It appears a portion of that cash makes its way through the banking system and into the stock market. It also appears that the net effect of all this Fed buying is a positive influence on the stock market.

happylux · 发表于 2010-12-7 12:07 AM

回复 4# ppteam

Oh, buy dip then.

greenback · 发表于 2010-12-7 12:24 AM

Thanks for sharing!

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