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Re: EL Rate Cut System - Why ?



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Funny you should mention 13 minutes. That's exactly the time on my charts when
the
NQ bounced off 1775.

Sean O'Toole wrote:

> Today, from the head of bond syndication for a fairly sizable broker/dealer
> I learned the following:  Goldman Sachs postponed a rather sizable offering
> yesterday morning calling syndicate members just 13 minutes before the FED
> rate cut to stop the sale.  Is that good timing or what??
>
> Sean