That is right. The so called PLUNGE PROTECTION TEAM is no secret organization but an inter- mesh of Federal Reserve, Department of Treasury, Securities & Exchange Commission and Futures & Trading committee. Its called PRESIDENT'S WORKING GROUP ON FINANICAIL MARKETS lead by none other than Henry Paul son Treasury Secretary whose signatures you find on your $5 dollar bills. He own the town and your money! The Federal reserves own all the Banks and all the money and gold bullion and the money printing presses! http://ustreas.gov/press/releases/reports/pwgpolicystatemktturmoil_03122008.pdf Now read the whole article outlining what they have aimed to do. It is obvious these teams are guarding US financial markets like hawks and its in their interest to make them smooth, stable, safe and prosper. If some interests or shorts and sellers get out of line and started pushing them, they will step in and stop it. That's why you see SPX never crashed on several occasions when the shorts and doom & gloom club stated pushing it below 1272 levels and it stopped on the dime. The Feds immediately start buying futures and started soaring SPX cash and use other tactics with vast resources. Those who think they can outwit the Feds are basically uninformed and know nothing. This is not your Casino, instead of being owned by the mob, its owned by a bigger organization called the US government. Its the Feds who back the bulls and manipulates markets higher. If you think US markets operate in some kind of free for all wrestling match, think again. You are only allowed to place your bets and get out. Trying to screw with them its like trying to pick a fight with US army and US Air Force guarding our homeland. Get yourself some perspective, there are no free markets, just just a joke told to naives and idiots and fools. I wholeheartedly support our Feds and may they push our markets higher in coming months. They have done a good job pushing SPX above rising 50 day moving average and once we clear 1400 levels we can be bullish again for the balance of the year. The market is going higher with or without a recession and doom and gloom club has limited options. Bulls are backed by Feds- who the hell backs you? It must be your short selling , day scalping, under capitalized, gambling addicts?