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08 05 2008

The Second Pawn Shop Results (TSLF)

Posted by: Lisa in Uncategorized

I guess you could consider this good news, it could have been even more Billions submitted (whatever):

NY FED”S TSLF AUCTION:  PRIMARY DEALERS SUBMITTED $28.77B IN BIDS IN $50B 28-DAY AUCTION, BID TO COVER RATIO 0.58 V 0.96 PRIOR; ALL $28.77B ACCEPTED
- Stop out rate 0.25%

This entry was posted on Thursday, May 8th, 2008 at 2:38 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “The Second Pawn Shop Results (TSLF)”
  1. Dave says:
    May 8th, 2008 at 4:08 pm

    I was stopped out of my DUG position today. I hate to give up on the trade, but…it is what it is. Must take any losses quickly.

    MU still doing well. What a jewel this thing has been. Almost no distribution in at least a month.
    Good to see no follow-through on yesterdays down day…..

  2. Lisa says:
    May 8th, 2008 at 4:49 pm

    Glad MU is doing well for you, Dave :)

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