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To: Ilaine who wrote (19438)2/12/1999 4:57:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 86076
 
Thanks Coby! James Hopkins brought out something interesting: Whenever the Fed stops adding reserves, the market is falling out of the bed. As they say, if you are bound to lose you nose when you sneeze, you will be better of not having that nose on your face! -g-
biz.yahoo.com

The headlines read:
all times are Eastern)
Friday February 12, 1999

Federal Reserve business loans fell in Feb 3 week - Reuters Securities - 4:19 pm
Fed refrains from open market operations - Reuters Securities - 10:50 am
Fed expected to add reserves via weekend repos - Reuters Securities - 10:08 am
Thursday February 11, 1999
Fed adds reserves via 7-day fixed, O/N system RPs - Reuters Securities - 10:40 am
Fed expected to add reserves via term system repos - Reuters Securities - 8:34 am
Wednesday February 10, 1999
Fed says adds reserves via overnight system repos - Reuters Securities - 10:36 am
Fed seen adding reserves via overnight system RPs - Reuters Securities - 9:13 am
Tuesday February 9, 1999
Fed adds reserves via 2-day fixed system repos - Reuters Securities - 10:43 am
Fed seen doing overnight RPs, coupon pass possible - Reuters Securities - 9:15 am
Monday February 8, 1999
Fed adds reserves via overnight system repos - Reuters Securities - 10:39 am
Fed seen adding reserves via overnight system RPs - Reuters Securities - 9:33 am
Friday February 5, 1999
Federal Reserve business loans fell in Jan 27 week - Reuters Securities - 4:20 pm
Fed says adds reserves via 6-day fixed system RPs - Reuters Securities - 10:41 am
Fed seen doing weekend RPs or staying out of mkt - Reuters Securities - 9:30 am


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