Seems we knew last week when the DOW was having another miracle rally that it was in preparation for it to reverse this week so the Dollar and bonds would rally for the Treasury auctions.

Don't recall who posted the thought, but it sure is spot on.

Isn't it wonderful how more Dollars being printed makes real things worth less. Seems obvious that's how economics works now. It should be taken one step further: print to infinity, make all commodities almost free. Gee, wouldn't that kick-start the economy? Well, except for the part that any producer of real things would go out of business.

Terry

P.S.: It sure would getting the service businesses going again.