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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.04-0.1%Dec 9 4:00 PM EST

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To: Haim R. Branisteanu who wrote (70649)2/27/2001 7:13:54 PM
From: Doug  Read Replies (2) of 99985
 
Haim: Thanks. The maximum damage caused by REPOS is in the secondary markets. Banks having raised cashed against their holdings have in the last 10 years set up a further multiplication (+10:1) thru OCT derivatives which carries the greatest risk.

This bubble is really large.!
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