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: NOW who wrote (198606)	10/18/2002 4:37:03 PM
From: patron_anejo_por_favor	Read Replies (1) of 436258

<<Can someone explain Nolandesque what type the specifics of this mean: they may have been one of the large bond sellers in recent days to cover losses>> Yes, I think that can be inferred. It may also be a reason for the Greenie megapump last week/early this week (as well as to "stablize" (HO HO HO!) the stock market). May see a nice bounce in bounds after they've been liquidated, in the meantime Fannie should be in a world of hurt on all the duration gap closing hedges they put on at the interest rate lows!<G>

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