Replies to post #43591 on SPDR S&P 500 (SPY)

[grasshoppah]

PPT Plunge protection team. Developed after market crash of 87 I beleive. Although it is secret and debated I think there is more recent knowlege that it does exist. I beleive Bernanke has even alluded to its presence. TOMO temporary open market operations. This has to do with liquidity the fed is pumping into the market, banking system etc.