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To: sammaster who wrote (5799)2/1/2000 4:45:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 42523
 
i think we'll sell off because there's apparently a consensus that we will rally...hence the ramp in anticipation. also the decline of last week didn't spark any fear at all...
of course the effect of the repo's and coupon passes has been well documented by now. imo the Fed is spending lots of time trying to manipulate the bubble to prevent it's implosion. officially they are not concerned with the market, but i happen to think that they worry a lot about it and have no clue what to do about it.