Existence of PPT

Is the PPT proping up markets?

  • Yes, I have believed all along, and the PPT exists and is currently supporting the markets.

    Votes: 21 77.8%

  • Yes, I did not always believe in the PPT but in light of recent development I do and they are curren

    Votes: 1 3.7%

  • Yes, I have always believed the PPT exists but has yet to intervene in the "free' markets.

    Votes: 1 3.7%

  • Yes, I did not always believe in the PPT but in light of recent development I do but has yet to inte

    Votes: 1 3.7%

  • No, the PPT does not exist (please refute photographic evidence below)

    Votes: 3 11.1%
  • Total voters
    27
Quote from 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.
More...

No, we don't need their forces today. The volume is piss-poor; this is not a move of conviction but a buying opportunity. I'm buying at the close.
 
You must log in or register to reply here.
Back
Top