Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (122666)	9/17/2001 10:08:54 AM
From: John Madarasz	Read Replies (2) of 436258

Heinz...I agree totally. The following state of affairs was occurring BEFORE that 200 billion entered the system... ..."the most recent total amount in reverse repos from large commercial banks which represents collateralized borrowing of funds by broker-dealers to finance their activities" has risen above the previous record level of Y2K... basically an unsustainable state of affairs. Dire consequences indeed. I've noticed sooo many major world indices breaking, or ready to take out their L/T weekly/monthly rising trendlines... Canada, FTSE, DAX, Mexico, Isreal, Greece, Italy, Austraila etc. It's obvious now for all to see, these are anything but "free" markets as evidenced by the FED intervention. Not even close.

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