THE PLUNGE PROTECTION TEAM WAS FINALLY ANNOUNCED ON CNBC THIS MORNING...
BUT THE STATION WAS FORCED TO REPENT AND SCOFF AT THE NOTION...ASAP!
EVERYONE, OF COURSE, KNOWS THAT THERE IS A PLUNGE PROTECTION TEAM IN THE WHITE HOUSE...JUST LOOK AT THE DOW CHART TODAY...!
ARE WE TO BELEIVE THAT WASHINGTON MANIPULATES THE BOND MARKET...BUT NOT THE STOCK MARKET...
WATCH FOR MORE PLUNGE PROTECTION ACTION GOING FORWARD...
THE "LEAK" TODAY ON CNBC...WAS SO OBVIOUS ...THAT IT HAD ALL THE MARKINGS OF A "PLANT!"
THIS TOPIC WAS NOT BROUGHT UP BY ACCIDENT...!!
IF YOU'RE THAT STUPID...YOU PROBABLY BELIEVE IN...THE TOOTH FAIRY...(OR MAYBE THE PLUNGE PROTECTION TEAM!!)...
CLEARLY THE DISCUSSION OF THE OFFICIALLY "SECRET" PLUNGE PROTECTION TEAM WAS INTENDED TO "PUT FEAR" INTO THE SHORTS...AND ENCOURAGE THE RETAIL INVESTORS THAT UNCLE SAM IS "ON YOUR SIDE..."
VERY ODD DOINGS THIS MORNING ON CNBC...
IT HAD THE MAKINGS OF A MORALITY PLAY... OR BAD HIGH SCHOOL DRAMA...
THE PLUNGE PROTECTION TEAM APPEARS TO WANT YOU TO KNOW ABOUT THEM...
AND JUST LOOK AT TODAY'S DOW CHART FOR PROOF...!!
CONSIDER;
ARE WE IN FOR MORE OF THE SAME... COULD THE "BEAR MARKET" BE "OVER" THANKS TO PLUNGE PROTECTION...?
THESE ARE DESPERATE TIMES...TO BE SURE...
AND PLUNGE PROTECTION IS A DESPERATE MEASURE...WHOSE TIME MAY HAVE COME...!!