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To: Defrocked who wrote (80731)	1/3/2000 12:00:00 PM
From: Investor2	of 86076

What, if anything, is the significance of this? "Monday January 3, 9:54 am Eastern Time Fed refrains from 9:30 a.m. open market operations NEW YORK, Jan 3 (Reuters) - The Federal Reserve confirmed on Monday it refrained from its regular 9:30 a.m. open market operations. Earlier in the session, the Fed added $8.990 billion in temporary reserves to the banking system through a round of overnight system repurchase agreements. In early dealings, federal funds were trading at 5-3/4 percent, according to Garban-Intercapital, above the Fed's 5-1/2 percent target for the rate." Best wishes, I2

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