ramp job
a sudden, suspicious, and unexplained rise in stock market prices at the end of the trading day. attributed by observers to market manipulation by large financial inst-tutions.
in particular, a “ramp job” is suspected to be the work of the secretive “ppt” (plunge protection team). refers to an attempt to sustain artificially high prices in equities despite an overall bear-market trend.
derisive term suggesting nefarious activity, related to other slang terms such as “whack job” (secretly arranged contract murder) and “hack job” (ineffective temporary solution to a problem).
“look at that ramp job in the s&p chart at the close on friday. the ppt is h-tting hard, they really do not want this market to fall. don’t believe the hype.”
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