My 1st Million At 33 – yes, you can do it too

Check out this article from NY post. The mythical PPT or Plunge Protection Team or formally called as Working Group on Financial Markets finally reveals themselves in a more clear fashion. The Greenspan Put all along has been right. No wonder the stock market has been going up these couple of days. I always thought it may or may not exist. But now I’m certain of its existence after inquiry of Congressman Ron Paul. By the way, Ron Paul is the congressman that has the truly the BEST understanding about monetary system that I’ve ever seen. I had a post with a link to his article on gold, and I can’t find it now. It’s a classic.

Here is another article from Washington Post on PPT. That’s the only two articles from traditional established media that I’ve ever read on PPT. From what I heard, PPT will come in and place BIG market orders on S&P 500 (or other index) futures or options market, and lift/reverse the entire market through that. Those future/option markets don’t require direct ownership of the stocks, so that they can be more “politically neutral” to the stocks.

I rushed this post out on Thursday so that you can hear about PPT from me first, . Now I got to go back and work on my short positions, which PPT is trying to screw me on. Definitely unfair to small investors & free money for big wallstreet firms.

A BIG moral hazard by the way.