siddharth_lodaya

The Plunge Protection Team Exposed

I like the PPT team theory. My theory about the PPT team is, that major (really big) players in the market have their computers programmed to buy at certain levels. So when there is a plunge to 200 MA, the computer programs go into buy mode. The market rises 100-200 points next day, and managers/adminstrators view the data If they don't like the overall picture, they sell whatever the computers boiught the previous day. Market plunges 100-200 points. Short-sellers panic thinking market has reached bottom because of the bounce, so they hurry in and cover their positions. Market raises again 50-100 points. Big players view the data. Overall conditions are still bad. Sell some more. Market plunges again. Meanwhile, their computers prepare the buying list. While everyone sells out, they come back to buy, buy in huge quantities. Make the market go up 500-1000 points within 2 weeks.