Plunge Protection Team

[skepticaltrader]

Does anyone think that the Plunge Protection Team will jump in if the Dow drops below 11,000?

 

[krazykarl]

Quote from skepticaltrader:

Does anyone think that the Plunge Protection Team will jump in if the Dow drops below 11,000?

who is this crazy team you speak of?

 

[skepticaltrader]

Quote from krazykarl:

who is this crazy team you speak of?

Check out this link.

http://www.safehaven.com/article-721.htm

 

[krazykarl]

lol.

i don't even know where to start

 

[PretzelPiece]

They will avoid a sp500 plunge of 2% or more, as they did for more than 666 days.

 

[skepticaltrader]

Quote from PretzelPiece:

They will avoid a sp500 plunge of 2% or more, as they did for more than 666 days.

Is that what it takes for the PPT to step in

2% on the S&P 500?

 

[EqtTrdr]

Quote from skepticaltrader:

Is that what it takes for the PPT to step in

2% on the S&P 500?

well... go back and check the last time the SPX closed -2% or greater???