Does the Plunge Protection Team exist?

AKA The President's Working Group on Financial Markets. Also do they intervene in the free markets?

 

No such thing as Free Markets. But yea, PPT is real.
Didn't the Fed protect us all from BSC going "BOOM" ?
Not that I agree with it.

 

I am sure it is real

 

do you have a spare tire and a jack in your trunk for the unexpected blown tire?

 

Who voted no? Please explain yourself!

 

I do not know which way to vote, but I have noticed a multitude of times that the bad calls made here on ET are blamed on PPT or some other dark forces of interference.

 

It's federally mandated. Why the poll?

 

Read this and form your own conclusion as to whether it exists or not.

http://www.sprott.com/pdf/TheVisibleHand.pdf

 

I agree any trader that uses PPT as a scapegoat for their loses is a joke. However there had been a dozen posters or so in the past that would reply and scream there was no PPT.

 

very enlightening,thanks for the post, almost makes you want to buy the bad news