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.

Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (1658)	3/28/2001 10:46:14 PM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 24758

"... their CEO is taking $30 million out of the company with the approval of shareholders for the splendid job he did making them invisible." Could it be that he read this? "The Disappearance of Telecommunications" by Roberto Saracco, et al amazon.com

To: ahhaha who wrote (1658)	3/29/2001 9:56:35 AM
From: ahhaha	Read Replies (2) \| Respond to of 24758

Nothing unusual about this FED action but, Thursday March 29, 8:30 am Eastern Time Fed adds temporary reserves via 28-day fixed system rps NEW YORK, March 29 (Reuters) - The Federal Reserve said on Thursday that it was adding temporary reserves to the banking system via 28-day system repurchase agreements. Fed funds were trading at 5-3/16 percent, above the Fed's 5.0 percent target for the rate, at the time of the operation. why are fed funds trading 3 teenies above target? It's called increase in demand for loanable funds and it indicates the economy is recovering. It also indicates that it's time to sell bonds. How intense the reflation will be is a function of how much RP free float is provided to keep fed funds from rising above target. FED knew it was a mistake to lower even 25, but they felt they had to throw Wall Street a crumb. Actually it was a straw, the straw that breaks the camel's back. The good news is that this indicates the stock market has bottomed.