Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Perry Ganz who wrote (7919)	7/9/2002 8:48:50 PM
From: Jorj X Mckie	Respond to of 17639

I think that the PPT is less active than we hear talked about and more active than that article suggests. When I see the indices dropping like rocks and then stop in their tracks in a matter of minutes, and when I see a tick reading of -900 move up to +900 in less than 20 minutes, yeah, I think that the PPT has probably jumped in. This happened last week BTW. And perhaps it is just program trading that is doing it, but my understanding is that the major houses are part of the PPT, so I could see how components of the PPT would act on their own to protect their own interests.