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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSo, Another October Market Crash Monday?
Just sayin'....Smart money pulls out and parks it during chaos....
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So, Another October Market Crash Monday? (Original Post)
Skraxx
Oct 2020
OP
Its overdue, but the PPT is a 'legitimate' force. A floor against the shorts?
empedocles
Oct 2020
#3
Plunge Protection Team. Created to calm stock panics. Power to limit trading.
empedocles
Oct 2020
#8
Nope. Trump will call it proof that there is a cure for COVID19 so stock will go up. nt
Boogiemack
Oct 2020
#6
Sherman A1
(38,958 posts)1. Probably
Depending upon tomorrows news.
Trumpocalypse
(6,143 posts)5. FYI
doc03
(35,389 posts)2. And Trump has played down the COVID19 so the markets
wouldn't panic. Massive fail!
empedocles
(15,751 posts)3. Its overdue, but the PPT is a 'legitimate' force. A floor against the shorts?
Bernardo de La Paz
(49,047 posts)4. PPT? Is that a TLA?
empedocles
(15,751 posts)8. Plunge Protection Team. Created to calm stock panics. Power to limit trading.
Has market manipulative powers. PPT may account, or help, new highs in S & P, despite sick economy.
Boogiemack
(1,406 posts)6. Nope. Trump will call it proof that there is a cure for COVID19 so stock will go up. nt
ProfessorGAC
(65,248 posts)7. Interestingly, On Friday...
DJIA went up 300, & S&P up 30 within 20 minutes of when Biden's negative test was announced.
Can't prove causation, but it is an interesting outcome.
Yavin4
(35,450 posts)9. No, smart money takes advantage of chaos and moves in. n/t