Plunge protection Team

If anybody else has noticed how certain market correlations between FX, Equities, Bonds and Precious Metals have been a little odd in recent times then here may be an answer.

http://worldvisionportal.org/wvpforu...opic.php?t=204

Ignore this nonsense, it's garbage

Which one? Yours or TW's?

Bramble ,

Do you think that the article TW highlighted has any merit ?

Not garbage at all, but the article most probably goes to far.

Want proof, well it will come soon enough. Just wait for a very bad downday on Wall Street and then see if your online trading system will work from your broker (Fidelity, Scottrade, schwab etc), these systems will all 'break' at the same time and you won't be able to sell even if you want to.

Qaza,
I am not some mad conspiracy theorist but I am not so sure anymore that this is garbage at all. The FED have mentioned on a number of occasions publicly that they have a policy of intervention in the Equity markets under extreme circumstances. The Japanese have been at that for years. Also The recent business with Precious has a very odd taste to it.
Is there any proof that this is definitely not happening?

http://www.archives.gov/federal_regi...der/12631.html

TW

Of course govts intervene in financial mkts. After all they are the guys who change bank rates, issue bonds etc etc but this idiotic assumption that a secretive group of people exists to manipulate the equity mkts is nonsense

If Greenspan wants to influence the mkt he stars talking .............. simple as that ! He's done it so often in the past , why should he bother with a "PPT" ?