General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAny guesses on t'mrrw's Dow Jones close?
I'm thinking -2500 when the bell rings.
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MLAA
(18,858 posts)wolfie001
(4,019 posts)yonder
(10,035 posts)wolfie001
(4,019 posts)It may be a bloodbath
CountAllVotes
(21,204 posts)And that is bullion!
wolfie001
(4,019 posts)..........
dem4decades
(12,268 posts)wolfie001
(4,019 posts)I think that would cause an even bigger panic. He'd have to shut it down for the week.
dem4decades
(12,268 posts)Under market rules, circuit breakers kick in at three thresholds:
Level 1: A drop of 7% from the prior day's closing price of the S&P 500 triggers a 15-minute trading halt. Trading is not halted if the drop occurs at or after 3:25 p.m. ET.
Level 2: A drop of 13% triggers a 15-minute halt. Trading is not halted if the drop occurs at or after 3:25 p.m. ET.
Level 3: A drop of 20% triggers a halt for the rest of the trading day, and trading resumes the following day.
How Stock Market Circuit Breakers Work
March 9, 20203:12 PM
bucolic_frolic
(48,495 posts)Gyrations between -500 and -1207.55, close at -722.36.
NASDAQ will take a -3.36% drubbing.
AI pounded.
wolfie001
(4,019 posts)yourout
(8,238 posts)Im hoping for a 1929-1933 level correction. I do believe it was around 80 percent.
Bunker338
(4 posts)Youre a real POS. Its not just wealthy people and Trumpers in the stock market.
roamer65
(37,349 posts)Reality bites and you had better prepare for it.