Forum Archive Index - July 2002

[Derek <dkw@paradise.net.nz>]

It's a logical step to set up such a strategy.

A plunge protection scheme reminds me of what can happen if a bank gets in 
trouble -

When it becomes known that a bank is in trouble, the rush on the bank can 
by itself send the bank under.
If it can be propped up for a while then it may be able to trade out of its 
difficulties.
Maybe the Plunge Protection Scheme (assuming it exists) is designed to prop 
up the markets for
a while until things turn around.

Given the investment that the US has put into it's military might, it would
be irresponsible not to support the economy on which it (the US) depends.

Derek




----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/