Plunge Protection Team

Discussion in 'Trading' started by skepticaltrader, Jun 6, 2006.

  1. skepticaltrader

    skepticaltrader Guest

    Does anyone think that the Plunge Protection Team will jump in if the Dow drops below 11,000?
     
  2. who is this crazy team you speak of?
     
  3. skepticaltrader

    skepticaltrader Guest

  4. lol.

    i don't even know where to start
     
  5. They will avoid a sp500 plunge of 2% or more, as they did for more than 666 days.
     
  6. skepticaltrader

    skepticaltrader Guest

    Is that what it takes for the PPT to step in

    2% on the S&P 500?
     
  7. well... go back and check the last time the SPX closed -2% or greater???