tuesday after double pomo, page-5

Worth having a closer look at the double POMO, and how it affected the US trading session. So there was $1.5-2.5 billion in the usual 10:15 to 11 am timeslot, then for the double whammy, there was an afternoon purchase of $6-8 billion between 1:15 and 2pm. So the afternoon POMO was in quiet afternoon trade after the European close. So they pumped that much money into the goldman sucks to in turn put into a low volume market, and whattaya know - you get a rally.