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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Efthymios H. Zacharias who wrote (27487)	4/18/2000 8:18:00 PM
From: SBerglowe	Read Replies (1) \| Respond to of 42523

An interesting take on April 4th by MHenry0930 18 April 2000 10:25 UTC by a 20 year trader. He claims that on April 4th, the markets went into cardiac arrest and all trading stopped for a minute or so due to a complete dry-up of liquidity, and then the Fed stepped in with a 300 billion dollar infusion that they had created at a keystroke and bought 3 trillion in leveraged instruments to get it going again. If true, it shows the value of our arbitrary monetary system. Its under global news, weekly commentary at: www.eprovisions.com From the Longwaves forum: csf.colorado.edu