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To: Zardoz who wrote (61746)12/6/2000 6:37:45 AM
From: long-gone  Read Replies (1) | Respond to of 116762
 
<<Yankie Slang, or Ghetto Street Jive please?>>

Just do an average of POG over last 5 years & next 6 years to get the true average bottom IMHO. Even if they let it out, from here, they can't let it out quickly. They feel better with a bubble in the Internets than gold.

btw. Not "Texas Tea", into the "Hard Drugs" - NyQuil + aspirin + brandy + a box of Klean-x + O.J. - They didn't get the Flu vaccine into the Colorado market before the bug got here.



To: Zardoz who wrote (61746)12/7/2000 9:38:01 AM
From: long-gone  Respond to of 116762
 
Thursday December 7, 8:54 am Eastern Time
Fed adds $3.0 bln in reserves via 28-day repos
(UPDATE: Adds volume)

NEW YORK, Dec 7 (Reuters) - The Federal Reserve said on Thursday it added $3.0 billion in temporary reserves to the banking system via 28-day fixed system repurchase agreements.

The following collateral was accepted:
- $0.66 billion in Treasuries, stop out 6.42 percent;
- $0.90 billion in agencies, stop out 6.52 percent;
- $1.44 billion in mortgage-backed securities, stop-out 6.52 percent.

Federal funds were trading on the Fed's 6-1/2 target for the rate.
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