Tulpen
12-13-07, 01:52 PM
Is the US stock market managed by the so-called plunge protection team? When the stock market threatens to break key support levels does the fed together with major (investment) banks step in and buy stocks? Or is it a myth? Opinions?
An interesting article on the plunge protection team from Gary Dorsch
Editor, Global Money Trends Magazine: http://www.financialsense.com/fsu/editorials/dorsch/2007/0809.html
An interesting article on the plunge protection team from Gary Dorsch
Editor, Global Money Trends Magazine: http://www.financialsense.com/fsu/editorials/dorsch/2007/0809.html