It aint over til it's over

“Something strange happened during the last 7 or 8 weeks. Doreen you probably can concur on this -- there was a power underneath the market that kept holding it up and trading the futures. I watch the futures every day and every tick, and a tremendous amount of volume came in a several points during the last few weeks, when the market was just about ready to break and shot right up again. Usually toward the end of the day – it happened a week ago Friday, at 7 minutes to 4 o’clock, almost 100,000 S&P futures contracts were traded, and then in the last 5 minutes, up to 4 o’clock, another 100,000 contracts were traded, and lifted the Dow from being down 18 to up over 44 or 50 points in 7 minutes. That is 10 to 20 billion dollars to be able to move the market in such a way. Who has that kind of money to move this market?
...This is how Dan Shaffer, President of Shaffer Asset Management, gave shocking evidence of direct government intervention in the stock market the other day on Fox Tv.

So, there is finally someone who is exposing the operations of the so-called PPT (Plunge Protection Team) and it is surely at work in these days (not to say months).

My question is this: what does the PPT buy? And with what money? Taxpayers money? What budget does it run on? UNLIMITED?
These questions are haunting me now and for the next days...months since there seems to be no signal of a pullback (more than expected by now) over shocking bad economic news that is still bringing us to the same 'ol same 'ol BAD=GOOD.

Food for thought and I'd appreciate any comments.

Itsme