Heard it, LTCM, Savings and Loans....believe it. But its not some rich man conspiracies.
PPT has acted, and is acting, im sure of it. Strange bids come in at odd times with serious size and is masked through institutions.
How do i know, I live about 5 blocks from the Futures pit in chicago and I have many friends who are Veterian locals. They had mentioned some strange moves a few weeks ago and odd hours by institutions. Its just a feeling from their gut, but i would trust their gut before i believe its institutions buying for "customers".
Im not sure proping up the market is the right word. More like slowing the markets decent to create order, resulting in a rally, which returns to orderly selling.....not panic selling.
Hence, the fact of the Capituation event that has not happen as defined, a one drastic move to cause panic....