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To: bcrafty who wrote (43502)6/27/2002 8:54:10 AM
From: UnBelievable  Respond to of 209892
 
Fed Adds $5 Billion In 28 Day RP's

However because of prior RP's ending the amount outstanding so far this morning is $24.5 Billion compared to $34.3 Billion yesterday.

Frequently the Fed will do O/N RP's on the same day that they do longer term RP's and the announcements do not occur at the same time so it is possible that there is more coming.



To: bcrafty who wrote (43502)6/27/2002 9:49:32 AM
From: Moominoid  Read Replies (1) | Respond to of 209892
 
IMO we just saw either the end of wave C in the whole NAS crash since March 2000 or 5 of A.... Either way I am seeing a 5 wave ED since Dec 2001 each wave breaks into 3 and they overlap. The upper trendline isn't nice though. Another possibility is the wave C is extended and we only completed 5 of 9 waves. Other opinions?

David


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