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Post# of 704041
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Joe Stocks

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Joe Stocks

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Re: jbennett53 post# 50714

Monday, 12/02/2002 10:51:23 AM

Monday, December 02, 2002 10:51:23 AM

Post# of 704041
>>>I mean, what's the point of the PPT?<<<

The PPT's main goal is to avert panic situations. They don't want the market to crash as it did in 1987. They know the market is high and are trying to let down slowly. Right now I believe they are trying to make the most out of the Christmas selling season. Very important to the US economy.
PPT- Plunge protection team. Protecting us against a sharp plunge that would more than likely go to extremes if not controlled.

JMO, JOe


Joe

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