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A Shell Game?


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Sold the XLNX I bought at 25.70 with a 20% add at 28.54 averaging the buy at 26.18. Sold 31. May have sold too soon as it is now going back up a bit (31.08 as of this post). We shall see.

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If XLNX goes back to 31.35 I'm going to go long again. Reasoning thus. The news last night that dropped it was just a reinteration of what was said in July. At that time in July the stock was selling at appr. 25. I try to do intermediate swings and it looks like within a month or two it may go higher. The chips/SOX is intregal to the scam being run that will probably take the markets higher into 2004. I know this isn't a popular thing to say but, it's the truth as I see it. Not what should be but, what It seems to be.

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Temporary Open Market Operations 09/10/2003

Maturity Date 09/11/2003

Delivery Date 09/10/2003

The Desk has entered the market announcing: O/N RP

 

Temporary Operations Statistics

Treasury

Collateral

Operation Agency

Collateral

Operation Mortgage-Backed

Collateral

Operation

Weighted Average Rate

.969 1.000 N/A

Stop Out Rate (Lowest Rate Accepted) .960 1.000 N/A

Highest Rate Submitted .980 1.000 .990

Lowest Rate Submitted .900 .950 .950

Total Propostions Submitted (In $Bil.) 12.650 3.975 2.000

Total Propositions Accepted (In $Bil.) 2.453 .047 .000

 

Total Money Value of Operation (In $Bil.) 2.5

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