SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : P&S and STO Death Blow's

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: augieboo who wrote (18785)12/7/2002 2:51:54 AM
From: Jorj X Mckie  Read Replies (2) of 30712
 
I am aware of the working group on financial markets.

What do you think happens to the equities/futures/etc...that are purchased as part of a PPT action? Do you think that there is just this huge inventory that will forever sit on the back shelf and never make it back into the market?

Do you think that the "PPT" as you have described below doesn't also include the big institutions?

Just because there is the ability to print an infinite supply of money doesn't mean that there isn't negative fallout from that action. Otherwise the printing presses would be going 24/7.

I think that this passage is key to the way the PPT works most of the time.

(b) The Working Group shall consult, as appropriate, with representatives of the various exchanges, clearinghouses, self-regulatory bodies, and with major market participants to determine private sector solutions wherever possible.



A private sector solution could be the bat phone to the institutions that says "PPT says 'stop selling'" (which dries up supply) or that says "blue horseshoe loves S&P futures at 900".
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext