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Friday, July 09, 2010

Vickers - Markets Look Dicey Unless Plunge Protection Team Intervenes

July 08, 2010
Damon Vickers of Nine Point Capital Management tells the unbelieving CNBC cast that the Plunge Protection Team exists and may be needed to stop the market from falling lower. He also speculates that the PPT may have ressucitated the DOW from the 1000 point Fat Finger Flash crash. Mr Vickers also begins to broach the subject of currency reallignment before the interview is brought to an abrupt conclusion

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