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B4 The Bell, Humpday May 12


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Coupon Pass----

Fed Buys Treasurys -2: For Delivery Thursday

 

NEW YORK (Dow Jones)--The Federal Reserve Bank of New York confirmed Wednesday that it is buying outright U.S. Treasury securities maturing June 30, 2004 through April 30, 2005.

 

The Fed said it's seeking dealer responses by 11:00 a.m. EDT. The securities will be for delivery Thursday.

Dow Jones

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............................NYSE AMEX Nasdaq

Advancing Issues ....853 242 542

Declining Issues ......2,293 508 2,263

Unchanged Issues .....141 94 138

Total Issues ..............3,287 844 2,943

 

Issues at 52 Week High ..4 3 14

Issues at 52 Week Low ...98 23 61

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QQQ open sell orders on INET now 411

 

buys 176

 

 

But thats not all, the sell orders are huge, 40,000 to 70,000 while the buys are mostly 100 with a few 1000-3000 buys thrown in

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