They never are able to provide any more evidence than the level that exists of UFO existence. It would be nice to see something other than conjecture.
ES Journal - 2017/2018
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I will wait one hour and then if no evidence, I will again proclaim without posting it, that PPT does not exist.
Price itself shows no evidence of PPT. That being said, I expect some type of bounce from hedge fund managers pouring money into the market. If you run a hedge fund, you need to make money.
https://www.marketwatch.com/story/b...-so-now-hes-nibbling-2018-12-24?siteid=YAHOOB
An interesting quick read from today...
https://www.reuters.com/article/us-...-convene-plunge-protection-team-idUSKCN1OM0LJ
Recall, it was the press that coined the PPT moniker for the Presidents Working Group (PWG), several years after the PWG was created.
https://www.reuters.com/article/us-...-convene-plunge-protection-team-idUSKCN1OM0LJ
Recall, it was the press that coined the PPT moniker for the Presidents Working Group (PWG), several years after the PWG was created.
Yes, I posted that above. Face facts, no amount of evidence will convince this guy it exists. If Ben Bernake, Janet Yellen and Jerome Powell dropped by his apartment tomorrow and told him it's real, he would still deny it.
It's not an omnipresent entity. Ask guys who traded in the futures pits back in the 90's about the mystery bids that would show up at opportune times. That said, manonfire nailed it when he said the vol suppression of the Yellen era was a quasi perpetual intervention.
Anyhow, it's basically like talking to a brick wall around here most of the time.
You are confusing traders that buy on a dip with a special team that goes in and buys stocks or futures. What price shows today, is that the dip buyers were over taken by the panic sellers. Weak buyers also sold as price kept going against them and hitting their mental or hard stops. There is no government money that is being spent buying stocks or futures. Period.
I could come up with a conspiracy theory that the people at Goldman now hate Trump and came up with a secret short sellers group which I am a member that has decided to sell stocks and bring down prices.
We also have told the Fed to destroy the economy by raising interest rates so Trump will NOT get re-elected. We are going to cause a recession and hunt your stops. You have been warned!
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