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To: pater tenebrarum who wrote (36493)5/30/2000 3:06:00 PM
From: Lucretius  Read Replies (1) | Respond to of 42523
 
vol sucks... what do you mean "all that money"?

be patient



To: pater tenebrarum who wrote (36493)5/30/2000 3:33:00 PM
From: Ken98  Read Replies (1) | Respond to of 42523
 
<<i wonder where all the money is coming from>>

Just in case that was not a rhetorical question - $3.75B overnight repo, $2B 27-day repo and a $1.05B coupon pass today was just what the doctor ordered. In addition, the Fed sees its work as finished:

<<PHILADELPHIA (Reuters) - The outgoing president of the Federal Reserve Bank of
Philadelphia said on Tuesday there were signs the economy was slowing but that the
U.S. central bank was still uncertain whether it had raised interest rates enough to
curb inflation. [....]

Turning to the high technology stock sector, he said investors appeared to be taking a
more analytical approach to valuing these securities.

``Investors are looking at dot-com companies and technology type companies with a
somewhat more balanced view than was the case a few months ago,'' he said.

``Is there still some speculation in some individual stocks? Yes, I'm sure that's true. I
think there's less speculation now than there was six months ago.''>>