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

To: Les H who wrote (43678)	3/20/2000 6:20:00 PM
From: John Madarasz	Read Replies (1) \| Respond to of 99985

Any chance that the FED doesn't raise tomorrow? I don't think they will. Maybe just a bias and margin requirement warning...<g> Monday March 20, 10:10 am Eastern Time Fed says added $3.750 billion via o/n system RPs NEW YORK, March 20 (Reuters) - The Federal Reserve said its Monday overnight system triparty repurchase agreements operation added $3.750 billion in temporary reserves to the banking system. The collateral breakdown for the operation was: -- $3.150 billion in Treasuries; 5.78 percent stop out; -- $0.600 billion in agencies; 5.82 percent stop out; At the time of the operation, federal funds were trading at 5-7/8 percent, according to Garban-Intercapital, above the Fed's 5-3/4 percent target for the rate. biz.yahoo.com