Stock Market Web Lingo: Terms Found in Online Chat Rooms
By Slate Stone, published Jan 29, 2008
Published Content: 144 Total Views: 290,201 Favorited By: 3 CPs
TPTB stands for "The Powers That Be"
This phrase refers to any group that holds power over the money system, from politicians, to the Federal Bank Reserves, to The Banking Industry, to CEO's, to monetary policy makers.
WTSHTF stands for "When The Shit Hits The Fan".
This could relate to anything from an economic collapse to a company going bust, to any kind of monetary breakdown that leads to a panic.
Sheeple stands for a combination of the words sheep and people.
It refers to a herd mentality. Masses of people brainwashed into believing whatever the media puppets say as being the truth. Sheeple are people that believe what ever authority figures say.
Sheepledom stands for a combination for the words sheeple and kingdom. Sheepledom is the country the masses of people live in.
Scroomed stands for a situation being both screwed and doomed.
TEOTWAWKI stands for The End Of The World As We Know It
PPT stands for Plunge Protection Team, The PPT would refer to the TPTB entities that can change interest rates, inject liquidity, and do other things to the world of finance to try to keep the stock market from crashing.
Da Boyz stands for the men who run wall street. Could be anyone from a company CEO to a Big brokerage House.
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Takeaways
- Sheeple stands for a combination of the words sheep and people. Herd Mentality
- Scroomed stands for a situation being both screwed and doomed.
- Buggy whip anyone? Paper or PM's? Best to find out now
Did You Know?
Uncle Ben no longer means a brand of rice, there is a Bigger Uncle Ben being talked about in the house of stock market chat.
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