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To: re3 who wrote (81949)1/3/2000 8:09:00 AM
From: flatsville  Read Replies (1) | Respond to of 86076
 
Last night as I was watching the CNBS Opening Bell across the globe coverage Insana mentioned that Fed. Gov. Kelly made a statement over the weekend re: liquidity indicating the Fed would begin backing out $$$ since the rollover appeared to have went well. Insana mentioned that might explain why the futures were down at the time. I think Kelly was referring to the extra currency (greenbacks) not anything else (at least at this time.)

Has anyone picked-up anything on this?



To: re3 who wrote (81949)1/3/2000 9:39:00 AM
From: Rarebird  Respond to of 86076
 
I'm going to go out on a limb here and say we have seen the highs for the session. I expect a reversal on the Nasdaq.


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