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To: Pruguy who wrote (32700)	10/14/1999 11:41:00 PM
From: Jack T. Pearson	Read Replies (1) of 41369

Does anyone have any reason why the futures have tanked tonight, burrently down 13 and naz futures are down 25. Just a guess: Greenspan spoke this evening. Warned banks to increase their reserves. Mentioned "tulip" and "bubble". I think the futures are anticipating the banks selling stocks and bonds tomorrow to increase highly liquid reserves (cash).

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