royial

Tuesday Outlook: Commodities, Emerging Markets

Hi,

First of all - thanks for your great article and graphs.
I have a question regarding the section "Who was buying? That squeeze may have been the opening act of your tax dollars at work. Nothing would surprise me and generating short squeezes has been the government’s primary objective. Reverse Repos from the Fed have been running around $25 billion per day as the Fed “drains” reserves from the system.".
What do you mean by this? that someone involved in the market and buy stocks at the last hour to prevent another black monday day?

Thanks.