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Fed Cancels Overnight Repos

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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 08:52 AM
Original message
Fed Cancels Overnight Repos
Breaking...
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bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 08:53 AM
Response to Original message
1. Can someone find confirmation of this? Looking myself n/t
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 08:53 AM
Response to Reply #1
2. TV Is Still A Faster Medium Than The Net
eom
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bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 08:55 AM
Response to Reply #2
4. *I know but i don't have a tv at work - and I can't just trust random guys on the internet n/t
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 08:56 AM
Response to Reply #4
6. I Watch TV While I Work With The Sound Off And Read The Captions..
eom
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bryant69 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 09:04 AM
Response to Reply #6
9. I suspect that any attempt by myself to do that would be short lived n/t
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 09:06 AM
Response to Reply #9
10. I Own My Own Business...
I'm selling ad space... It's not hard to do with the tv on and the sound off...
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spinbaby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 08:54 AM
Response to Original message
3. Eh?
Explain, please.
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 08:55 AM
Response to Reply #3
5. I Think The Fed Stopped Buying Back Securities For Cash...
The talking head on CNBC suggested the Fed might feel there is enough money in the system to keep it liquid...


Probably much ado about nothing...
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OnceUponTimeOnTheNet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 09:02 AM
Response to Original message
7. CNBC now saying the Fed will do this REPO in the next hour.
Technical problems interfered with the first try.
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 09:04 AM
Response to Reply #7
8. I Find Watching The Market Comical...
Merril Lynch just reduced Countrywide to a sell...

No shit...
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OnceUponTimeOnTheNet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 09:06 AM
Response to Reply #8
11. It does amuse me also. nt
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 09:10 AM
Response to Reply #11
12. I Have Divested Of Most Of My Holdings But I Still Have
some total bond market and total stock market funds so I'm pretty diversified...

If you go to a broker's office they have all these brochures on stocks and mostly they are neutral, buy, or strong buy...


Of course there's such a thing as market fundamentals but the market is more of a turkey shoot than anything... That's why most mutual funds don't perform better than the entire market...
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OnceUponTimeOnTheNet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 09:14 AM
Response to Reply #12
14. I cashed out everything i had in 2001.
Not that I had much anyway. :P
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 09:18 AM
Response to Reply #14
15. Me Too... Almost...
eom
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 09:13 AM
Response to Reply #11
13. Let's See
10% is a correction... A drop of over 20% is usually referred to as a bear market... I don't think we will see 11,200 on the Dow but who knows...

That would push what's left of Bush's waning popularity into the teens and further ensure Democratic triumphs in 08...
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