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To: KeepItSimple who wrote (83284)	1/13/2000 10:32:00 AM
From: Ken98	Read Replies (1) \| Respond to of 86076

Amazed that they are refusing to do their jobs. I know, I know - how naive of me. I guess they believe that "saviour of the world" stuff and don't won't to hurt their adoring fans. More liquidity jam: <<Fanne Mae net mtge portfolio up $5.5 bln in Dec NEW YORK, Jan 13 (Reuters) - Fannie Mae (NYSE:FNM - news) said on Thursday its net commitments to purchase mortgages fell to $8.3 billion in December from $11.7 billion in November, while its net mortgage portfolio grew by $5.5 billion in December to $522.8 billion. The portfolio grew by an annualized rate of 12.7 percent last month, down from 19.1 percent in November. For all of 1999, Fannie Mae said its annualized net mortgage portfolio grew by $107.6 billion, for a 25.9 percent growth rate. ...>> There is liquidity being jammed into every corner of this economy. Fed increase at +15%. Fannie at 25%. Treasurey jamming money with tax deposits. Just imagine what they would do if stocks actually went DOWN.