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Pastimes : All Clowns Must Be Destroyed

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To: Efthymios H. Zacharias who wrote (27487)4/18/2000 8:18:00 PM
From: SBerglowe  Read Replies (1) of 42523
 
An interesting take on April 4th

by MHenry0930

18 April 2000 10:25 UTC

by a 20 year trader. He claims that on April 4th, the markets went into
cardiac arrest and all trading stopped for a minute or so due to a complete
dry-up of liquidity, and then the Fed stepped in with a 300 billion dollar
infusion that they had created at a keystroke and bought 3 trillion in
leveraged instruments to get it going again.

If true, it shows the value of our arbitrary monetary system. Its under
global news, weekly commentary at: www.eprovisions.com

From the Longwaves forum:
csf.colorado.edu
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