Zeev's Turnips Patch-No Politics (ZEEV)

[federal reserves]

FED pumps 3.5

Should help stem the tide, as per usual from the bottom of the March/03 rally, the FED/NYC banks pump during opex...

http://www.bullandbearwise.com/FOMOOutChart.asp

Temporary Open Market Operations for March 15, 2004

Delivery date: Monday, March 15, 2004
Maturity date: Tuesday, March 16, 2004
The Desk has entered the market announcing: O/N RP 1


Treasury
Collateral
Operation Agency
Collateral
Operation Mortgage-Backed
Collateral
Operation
Weighted Average Rate 1.073
N/A
N/A

Stop Out Rate 1.070
N/A
N/A

Highest Rate Submitted 1.080
1.090
1.100

Lowest Rate Submitted 1.000
1.030
1.060

Total Propostions Submitted (in $bil.) 33.900
19.750
8.250

Total Propositions Accepted (in $bil.) 3.500
.000
.000


Total Money Value of Operation (in $bil.) 3.500