Requests for Return of the PPT

Discussion in 'Trading' started by CrackPipe, Aug 8, 2011.

Should Obama call the PPT in to action?

  1. YES!!!! my pension is suffering.

    6 vote(s)
  2. Nope. Live by capitalism, die by capitalism

    8 vote(s)
  3. Dunno.

    1 vote(s)
  1. CrackPipe

    CrackPipe Guest

    Who thinks the US Govt should make the call to the Plunge Protection Team?

    Its been a while since we saw the PPT in action - Im sure they're itching to get in front of their trading terminals and buy the market back up. after all, they kept the market at stoopid heights back in 07-08 and before that when everyone knew the market was being artificially supported.

    Bring back the PPT?

    yay or nay?
  2. pspr


    They are broke. Apple has more cash than the PPT now. Don't count on them to save your lazy butts.
  3. PPT has been operating in the markets since 2008, not only are they broke, but they are powerless. I personally, with my own two eyes, saw the PPT's most forceful intervention since 2008 on Friday afternoon and look how well that turned out..
  4. CrackPipe

    CrackPipe Guest

    yeah but they have bottomless pockets - i mean they can always go to QE4 to answer their margin call - which i guess theyre gunna have to do..
  5. What about the European PPT? :)
  6. ammo


    ppt,pretty sure they are still at work