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To: Shack who wrote (85439)3/26/2001 2:03:33 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
Yes. Just did. M3 rolling over or head fake? and given Grace and others assertion that M3 is rocketing due to increases on mm funds of investors pulling out of stocks, wht the decline after a week of MAJOR losses?
THIS bears watching VERY closely.
If M3 rolls here, all bets are off.
I would have said it could represent Japan repatriation, but why the yen did not run is a mystery: could they somehow be hiding it?



To: Shack who wrote (85439)3/26/2001 2:06:52 PM
From: Follies  Read Replies (2) | Respond to of 436258
 
I have been watching M1,M2,M3 and MZM.

I have noticed that the data is often revised for several weeks before it settles.

Even though M3 went down, the other measures did not, I don't believe. I don't have my figures in front of me but I did notice the rate of growth was slowing.