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E*TRADE Financial Corporation Message Board

  • biddermon_ca biddermon_ca Feb 17, 2013 6:39 PM Flag

    Plunge protection team

    Everytime the markets tries to sell off the market rallies into the close, reminds me of the mid 2000 when the PPT did the same maneuver...this time I think this is BBPP (Ben Bernanke plunge protection). His whole being is ridding on keeping the S&P heading north in spite of real sustained economic growth. Now he is even killing Bond returns which will force folks that can least afford it back into equities...retired and and fixed income folks. These bankers never learn, but then again they will be bailed out while the "little people" will lose what these crooks on WS didn't take during the last la ve!

    Sentiment: Hold

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    • Elections have consequenses and the "little people" will get what they voted for. Only thing to do here is make provision the best way you can and hopefully come out the other side intacted after it all comes crashing down.....and it will, eventually.

20.83+0.31(+1.49%)Feb 9 4:00 PMEST