Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

Not letting nature takes it's course? We saw what happened there when the nas went to 5000. Funny how the Fed thought that OK but interevenes strongly on the way down. As I said the other day, I think the PPT main goal is to try to avoid panic more than not letting the market fall. From the readings I have read my research shows that there was a real scare in 1987. Without the expanding economy at the time causing a swift recovery, things could have been much worse. We don't have that economic expansion going on now.

The writings I have read show the the PPT is in place mainly to protect the markets from the unthinkable. With as much involvment that we are seeing I am in the belief that there is much out there that we don't know about. Letting "nature take it's course" could have unthinkable consequences. The end result is bad but let's digest it slowly. Our demographics give us some real challenges ahead.

Joe