Existence of PPT

[The Kin]

Are the above members of the PPT conducting official PPT business or are they just lost and just so happen to bump into the President on the whitehouse lawn during a speech regarding plunge protection.

 

[krazykarl]

This has been discussed ad-nausiem on here. Enough with the PPT threads. Is public-knowledge they exist... no big deal.

 

[hughb]

If the plunge protection team exists, why has the market plunged over 20% from it's high? Doesn't sound like a very competent team to me.

 

[AMT4SWA]

P lanned

P overty

T eam

 

[Persdawg]

Quote from hughb:

If the plunge protection team exists, why has the market plunged over 20% from it's high? Doesn't sound like a very competent team to me.

as opposed to 20% in a day or two....they have controlled the inevitable move down.

 

[hughb]

Quote from Persdawg:

as opposed to 20% in a day or two....they have controlled the inevitable move down.

OK, so let's change the name to CIMDT, Control the Inevitable Move Down Team.

 

[hughb]

Hmm, the CIMDT doesn't seem to be in the office today.

 

[Persdawg]

Quote from hughb:

Hmm, the CIMDT doesn't seem to be in the office today.

you're actually right...jewish new year.

 

[Persdawg]

Quote from Persdawg:

you're actually right...jewish new year.

and I like the CIMDT as much or more than PPT...but PPT just rolls right off the tip..

 

[ProfitTakgFool]

Greenspan talks about the PPT in his book. As you all know, FOMC stands for Federal <b>Open Market</b> Committee, and one of their operations to promote price stability is the purchase of Index Futures on the open market. The PPT deployed all their forces today.