that third REPO should cause fear this time and the mkt will sell off right here at es 1453!
Started by
atlasshrugged
, Aug 10 2007 12:45 PM
10 replies to this topic
#2
rkd80
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Posted 10 August 2007 - 12:47 PM
whats a REPO? sorry for the ignorance...
“be right and sit tight”
#3
Jnavin
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Posted 10 August 2007 - 12:49 PM
whats a REPO? sorry for the ignorance...
It's the opposite of a reverse repurchase agreement.
Edited by Jnavin, 10 August 2007 - 12:50 PM.
#4
eminimee
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I don't care who's fur is flying...
Posted 10 August 2007 - 12:59 PM
Me thinks there is a goose egg coming this weekend....
#5
ogm
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Posted 10 August 2007 - 01:00 PM
Either that, or show everyone that Fed means business.
#7
xe2dy
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Posted 10 August 2007 - 01:12 PM
whats a REPO? sorry for the ignorance...
It's the opposite of a reverse repurchase agreement.
http://investorshub....sp?msg=20960149
Be sure to read the links.
Edited by xe2dy, 10 August 2007 - 01:14 PM.
#9
LarryT
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Posted 10 August 2007 - 01:29 PM
whats a REPO? sorry for the ignorance...
Bottom line, 12 billion expired today so subtract 12 B from the 38 B to get net for today. It is a 3 day loan to the banks, they have to pay it back Monday.
LT
#10
ed rader
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Posted 10 August 2007 - 01:45 PM
what do you mean "should"
?ed rader
