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To: GST who wrote (47912)2/4/2000 12:10:00 PM
From: Roebear  Read Replies (2) | Respond to of 116762
 
GST,
Rumor has it that a hedge fund or bullion bank(s)are going broke from a bad deriv trade, long the 30yr short the 2 or 5 yr. Names mentioned include Deutsh bank, Goldman, ML and a few others. Have no idea if any of it is true but this whole move gathered steam with that Fed emergency meeting rumor.

So now what did CNBC say, I missed it.

Roebear



To: GST who wrote (47912)2/4/2000 12:13:00 PM
From: Enigma  Respond to of 116762
 
It is posted on the Barick thread. Don't know the source - I mean who he is.

The Dow must fall today surely? Starting right now. BTW Bloomberg doesn't even report the rise in the POG in its headlines. I think there is huge belief out there in the market that Uuncle Al will always come to the rescue.


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