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Good point, Earl.
There're more details on Hussman's web site, eg.
http://www.hussmanfunds.com/wmc/wmc071224.htm
http://www.hussmanfunds.com/wmc/wmc070924.htm
--- In realtraders@xxxxxxxxxxxxxxx, "EAdamy" <eadamy@xxx> wrote:
>
> In the big scheme of things multi-trillion dollar economies, the
Fed's
> auctions have very little effect. These are short term transactions
which
> are continuously rolled over with modest net changes. If you watch
CNBC,
> turn it off.
>
> Earl
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