patrick.net

The Fed's OMC does buy and sell on the open market, but not equities. They buy and sell government paper.

Who could coordinate the thousands of buyers it would require to bid up prices of massive DOW stocks, sopping up all the sell pressure, without being noticed? Unless you think the PPT controls all the mutual funds or something like that, then it just ain't happening.

I don't believe these type of things can be pulled off. Managing complex arrangements is already harder than herding cats. Add in something sinister and there's no way you're going to pull it off without being outted.

I'm sure there's some manipulation going on. But I'm afraid it's the old fashioned kind of manipulation for the old fashioned reasons: greed. Like the examples cited above. Or like when the hedge funds break an ETF like OIH from its underlying index. No complex explanations needed. A single "$" will suffice.

Thanks Harm, I think defining it clearly helps, and your examples were along the same tangent I was going down.

The last 20 minutes surge of 180 pts going from negative territory to positive 150 was most definitely an act of PPT.

Yes, I agree. M3 will increase since government is now giving free money via plunge protection team.

Can you guys tell us, specifically, how the hell this shadowy "PPT" is able to do these trades, even though apparently wiki and everyone in the blogosphere knows about it? Yet they mystically defy arbitrage? If this is true, then it's too good to be true. I'll go raise a couple billion and start my own macro hedge fund.

>> I’ll go raise a couple billion and start my own macro hedge fund.

If you do that, you will be rewaded by Federal Reserve with billions of dollars of free money.

Can you guys tell us, specifically, how the hell this shadowy “PPT” is able to do these trades, even though apparently wiki and everyone in the blogosphere knows about it?

This shadowy group uses shadowy methods including, but not limited to, black magic, voodoo, and animal sacrifices.

Members of this elite group are also known to travel in black helicopters.

from CNBC,

trader: Merril Lynch & Goldman did the buying y'day. he said, there were a lot of shorts and they were forced to buy.

i didn't understand exactly what he meant.if someone here could explain what he meant, i would appreciate.

maybe something to do with Bohemian Grove or the skull and bones...