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To: stan_hughes who wrote (181091)7/18/2002 11:53:36 AM
From: ild  Read Replies (1) | Respond to of 436258
 
<<<they use fronts like GS and MER>>>
It is my impression that this year GS and MER have gone short and told FRB to GFY. They are trading their own accounts and don't want to buy if markets are in free fall. If they wanted they had plenty of opportunities to goose the market up. For instance today they could have announced how wonderful IBM numbers were.