On 8/19/07, Doug Henwood <[EMAIL PROTECTED]> wrote:
> On Aug 19, 2007, at 6:54 PM, raghu wrote:
>
> >> And it didn't cost you a dime.
> >>
> >> Doug
> >
> > It doesn't seem like many people on PEN-L agree with me on this, but
> > this depends on the debatable assumption that an open line of credit
> > to the big banks costs nothing.
>
> I meant the expert Fed-watching (i.e., mine), not the line of credit.
>
> Doug
>


I misunderstood. Sorry.
-raghu.

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