Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (20088)	6/11/1998 4:21:00 PM
From: Gersh Avery	of 94695

Hi James .. haven't posted lately; FWIW: Fed drained liquidity for a few days. Called my broker today and asked for some index or something that I could watch, intraday, the fed funds rate .. nada .. zero .. zip .. nothing. He told me to watch CNBC. We've got a liquidity driven market with no way to watch the liquidity. Thought that it was interesting that while AG was before congress that they were draining blood. Perhaps this is the way to fix a trade imbalance. Still short Gersh

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