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Strategies & Market Trends : Tech Stock Options

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To: Gersh Avery who wrote (47173)	7/1/1998 11:45:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (4) of 58727

well here are my list of questions gosh everytime I think about this stuff I get a headache ;-) <On Tuesday, fed funds traded between 5-1/2 and 30 percent, with an effective rate of 7.06 percent. > what does this 30 percent mean... and are these overnight system repurchase agreements different than their 9 day deal or is this the vehicle they are using in their 9 day deal and ''I'm going to go with an overnight system RP,'' said Michael Moran, chief economist at Daiwa Securities America Inc. ''With the fed funds rate this high, they're going to want to address it on a daily basis.'' what does it mean when this dude says HE is going with......

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