If you read anything more on the workings of the PPT, i would be grateful if you would pass it along.
Thanks for your comments!
On Apr 03 10:57 AM J. D. Swampfox wrote:
> The manipulation of the markets by the PPT is one more variable added > to those which market participants have to try to take account in > estimating the value of securities. As more variables are added, > the level of uncertainty rises and with increased uncertainty (risk), > the discount rate rises and values fall...
More Market Swings Are on the Way [View article]
Thanks for your comments!
On Apr 03 10:57 AM J. D. Swampfox wrote:
> The manipulation of the markets by the PPT is one more variable added
> to those which market participants have to try to take account in
> estimating the value of securities. As more variables are added,
> the level of uncertainty rises and with increased uncertainty (risk),
> the discount rate rises and values fall...