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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Webster Groves who wrote (106610)	1/17/2010 1:32:00 PM
From: mishedlo	2 Recommendations Read Replies (2) \| Respond to of 116555

The PPT exists. Has it propped up the market for 6 months? No. There is no proof of it, and it has been alleged for a decade at least. If the PPT could prop up the market it never would have fallen to 666 on the S&P in the first place unless of course you believe there was a massive conspiracy to take it down to 666 then back up again to consolidate power in JPMorgan and Gokldman Sachs. Here's the deal: If this was going on, there would be someone somewhere who could make millions by stepping up and writing a book about it. Someone would know something and have proof. Geithner and Paulson could not keep a very sensitive conspiracy quiet yet everyone believes a PPT conspiracy can be kept secret for 10 years and a gold conspiracy alive for 30 years. It's preposterous. Mish