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Strategies & Market Trends : Heinz Blasnik- Views You Can Use
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To: GraceZ who wrote (2782)6/27/2003 3:22:11 PM
From: LLCF  Read Replies (1) of 4907
 
Myths??

<It's the real world as determined by all material factors as reflected in money market rates that is. If anything, FED is resisting a further drop in those rates, but belatedly is following them down.>

The fed increased it's assets by 8.7 billion in the banking week ended may 28th.... how? Because it sat there and sold at THEIR ask rate. They did not follow rates down that week... do you have real data showing that in fact your assertion is more true in general than it was that week?

DAK
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