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.

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

To: AllansAlias who wrote (38244)	6/6/2000 8:21:00 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 42523

Mr. Moto has got one DRY sense of humor: beartopia.net "Comments: The activity may appear light, but only for the fact that the Open Market Desk continues to conduct a variety of term repo loans that often overlap. Notice, however, that the Desk has apparently received either the FOMC's approval or instructions to stop the stimulating effect caused by large, long-term, repurchase agreements, and instead conduct smaller-sized loans more frequently. Note: It wasn't long ago that the Desk was permitted no more than 15 days for a term. In November of 1998 the period was extended from 15 to 60 days. At the August 24th, 1999 FOMC meeting the allowable period was extended from 60 to 90 days. I also believe the inter-meeting restriction on coupon passes remains $12 billion. If you ever see an amount anywhere near $12 billion dollars between FOMC meets, I suggest you review your invested positions." Review your invested positions! ROTFL!