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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: lorne who wrote (81423)3/23/2010 2:25:51 PM
From: mph4 Recommendations  Respond to of 224744
 
The PPT has been out in full force for the past 2 weeks, imho.



To: lorne who wrote (81423)3/23/2010 2:59:40 PM
From: Jorj X Mckie  Respond to of 224744
 
I'm not a huge believer in the PPT, especially at tops in the market. Anybody buying now gets to ride the purchase to the bottom. I can't see someone like Goldman Sachs thinking it is a great idea. The concept of the PPT would be there to buy as the market is plunging and they would be buying cheap assets.

Let's see what happens in a couple of weeks when people have to start writing checks to the state and fed for taxes.