Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (42596)	3/8/2000 12:08:00 PM
From: Lee Lichterman III	Respond to of 99985

This explains the Bounce, repos the last few days have only been in teh 1 1/2 billion range and despite this morning's rates matching and no repo being required, they pumped in a large one to prop things up. I guess Gore made a phone call. <ng> Wednesday March 8, 10:19 am Eastern Time Fed adds $5.550 bln via overnight system repos NEW YORK, March 8 (Reuters) - The Federal Reserve said Wednesday's overnight system repurchase agreements added $5.550 billion in temporary reserves to the banking system. The collateral breakdown for the operation was: -- Treasuries $5.100; stop out 5.68 percent; -- Agencies $0.450; stop out 5.73 percent.