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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Lee Lichterman III who wrote (22585)	4/1/2000 1:11:00 PM
From: Joan Osland Graffius	Read Replies (1) of 42787

Lee, >>Did you notice that despite the rates being higher than the target rate instead of draining the treasury added 4.68Billion in repos Friday morning. This is flagerant out right manipulation of the market and shows the Govt is worried the bubble is too big to fail and will do anyting to prop it up IMO. Do you know who has the authority to override the process to keep Fed Funds rate stable at the Fed. I would think this takes an act of "god", and the FOMC should have to approve such a action as well as communicate the information to the public. Joan

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