Do you belieave in the Plunge Protection team?

Do you belieave in the plunge protection team?

  • the team exists

    Votes: 36 62.1%

  • the team doesnt exist

    Votes: 22 37.9%
  • Total voters
    58
The PPT is not there to stop the market to the downside. It is there to prevent massive downward spikes. It does not bode well if the American Stock market gyrates +-10% on a frequent basis. The world depends on us and our efficient system.

The PPT will not prevent a crappy stock to go to 1 from a lofty high of 300: a la CMGI

but, it WILL step in an buy futs, and other things to ensure that our market does not collapse. Our open system will allow the stock market to bleed but not die in 3-4 traumatic days.

I know this because my Prof at MIT was part of the team that drafted the executive order: 12631.

This message will self destruct in 10 seconds. Go enjoy the weekend. :cool:

--RS
 
Quote from optioncoach:

I read recently that some famous people like Sir Isaac Newton and Leanardo D'Vinci were secret members of the PPT......
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I heard it was now Sir Paul McCartney and Leonardo Di Caprio.

"iiiiiiiiiice berg, right ahead !!!!"
 
Quote from JayS:

Along with Monica Lewinsky?
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Monica is the part of the PPT, the plunges and sucks the life out of the market when it runs up too fast! :D Sorry I couldn't help it, it's Friday and I'm punchy.
 
I am not a believer in every conspiracy, but I do think the PPT exists. There is just too much reasonable info out there that suggests it to be true.

As Molder said "I want to believe".
 
Quote from crystalballs:

If PPT exits or you believe PPT exists...prove it! Show us some proof. Otherwise shut the fuck up about it, you whining cunts.
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Can you prove God exists? not really, yet Billions of people kill each other over whose God is bigger than the next guys.
 
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