hpski

The 'Plunge Protection Team' Working Overtime: A Play-By-Play

So, what your excellent analysis states, in essence; the power brokers in Wash. D.C., who basically work for the "serious old, low profile money" (think Carlisle Group, Council on Foreign Relations, Heritage Foundation members ,etc.) will use public funds to soften landings, and smooth out spikes in the major financial indexes. If my interpretation is correct, then buying stocks that get whacked during one or two day DJIA meltdowns, e.g., well managed companies that don't have much reliance on short term exchange rates & money supply is a way to benefit from the current volatility?