China Markets down 5%, DOW Futures down 90 pts. Europe Markets all down and falling this AM

Various Sources | 11/12/2010 | Various Sources

[The Magical Mischief Tour]

http://finance.yahoo.com/intlindices?e=europe

http://www.cnbc.com/id/17689937

http://www.marketwatch.com/story/european-stocks-fall-hard-after-shanghai-slump-2010-11-12

[SW6906]

"What does PPT stand for?"

Plunge Protection team - the government stepping in and manipulating the market so that true market forces aren't allowed to result in too large of changes in too short a period of time

or something like that...

[JohnG45]

What does PPT stand for?

PPT = Plunge Protection Team

[Moonman62]

What does PPT stand for?

It's a favorite acronym used by conspiracy theorists. There is no PPT.

[bray]

Probably from Obozo saying he is going to raise taxes on the employers.

Pray for America

[MATSEVAH]

There was a time I could trade the news , and make some really good money , but the way the markets are these days forget it ....a bad economic report can come out and the markets will still find a top....

[bert]

I think it is an archaic acronym for pre plenipotentiary tariffs that are still popular in some places

[SW6906]

"It's a favorite acronym used by conspiracy theorists. There is no PPT."

ORLY?

http://www.washingtonpost.com/wp-srv/business/longterm/blackm/plunge.htm

http://www.wealthdaily.com/articles/plunge-protection-team/1848

[Moonman62]

There is no PPT according to your articles. There is a Working Group on Financial Markets, and there are specific, rarely attained triggers when members of the group would take action. That’s why when people cite something called the PPT being responsible for relatively minor day to day market movements, they are being conspiracy theorists.

[SW6906]

OK........

[FromLori]

Plunge Protection Team

[FromLori]

Goldman Boosts China 2011 CPI Expectations From 1.3% To 4.3%, Sees Many Upcoming Rate Hikes As Fed Inflation Exports Go Ballistic

http://www.zerohedge.com/article/goldman-boosts-china-2011-cpi-expectations-13-43-sees-many-upcoming-rate-hikes-fed-inflation

I wonder if China will fold?

Alinsky v. China?

http://www.acivilsociety.net/detail/alinsky-v-china

[Quix]

THX

[screaminsunshine]

Plunge Protection Team. They buy stock if it starts to plunge. With Fed money.

[Lurker]

Oh great. Mrs L and I are in Reno enjoying some R&R and now it starts.

[The Comedian]

Oh great. Mrs L and I are in Reno enjoying some R&R and now it starts

I couldn't find any post-Apocalyptic images of Reno.

Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

[Lurker]

Actually Reno is already fairly post apocalyptic already.