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federal reserves

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federal reserves

Re: None

Thursday, 11/21/2002 9:20:39 AM

Thursday, November 21, 2002 9:20:39 AM

Post# of 704019
*DJ Fed Accepts $3 billion 28-Day RPs

Plus $2.5 billion in Match sales coming back in, total gross injection today is 5.5 but is offset by $7.25 billion in expiring 3 day repos.

The net drain today is $1.75.

JOBLESS claims suprised, much lower than expectations, continuing its trend of divergence with other reports such as the Challenger.

NASDAQ ready to gap up above 1425 and break out to higher levels.





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