The PPT is due to show up, aren’t they? If Obama were president they would have pumped billions in there already.
“The PPT is due to show up, aren’t they? If Obama were president they would have pumped billions in there already.”
I wouldn’t put much faith in them. Their job is to counteract a panic when it’s psychological, by buying just enough stock to stop a dive, which then allows program trading to start buying again. Long-term, when fundamentals (like China being shut down, and now Korea and Japan shutting down) demand an ‘adjustment’...they’re powerless...and that does make sense...at least to me.