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Market Insanity

Posted: July 17, 2008 at 2:39 pm by Lisa 

What can I say?  This is options, shorts and just garden variety mania.  Here’s the latest pawnshop operation results: (hm…some of the collateral wasn’t accepted)

NY FED: $51.75B IN BIDS SUBMITTED IN $75B TSLF AUCTION, $50.75B ACCEPTED, BID TO COVER RATIO  0.69 V 0.85 PRIOR
- Stop out ratio 0.25%

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