Just a quick note: I must commend federal reserves' intellectual honesty shown in this post and the couple that followed: <A HREF="http://www.investorshub.com/boards/read_msg.asp?message_id=3067441" target="_new">http://www.investorshub.com/boards/read_msg.asp?message_id=3067441</A> <A HREF="http://www.investorshub.com/boards/read_msg.asp?message_id=3068304" target="_new">http://www.investorshub.com/boards/read_msg.asp?message_id=3068304</A> Even if he is a perma-bear, (position which I don't particularly care about) today he read the situation correctly and shared it with thread. With the knowledge of the big coupon pass I was able to play the afternoon from the long side, and ride the whole updraft from 14:00 to 16:00. Thank you, sir. H. (And for those who complain that the PPT doesn't warn. Today we had federal reserves blowing the whistle on them at 12:52, and 13:19...)