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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: bart13 who wrote (92503)3/19/2008 7:14:13 PM
From: stan_hughes  Read Replies (1) of 110194
 
"I think they're actually attempting sterilization of the auction & discount window actions by draining SOMA"

If you have access or can find it somewhere on the web (I can't), that's precisely what Mauldin concluded in his March 7th column

I would cut & paste Mauldin's email here, but only the text will migrate and the walk-through is kind of useless without the charts

I would also add that the bill sales have the additional benefit of increasing the supply to help lower the panic indicators -- too bad the "panic lowering" part isn't working very well
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