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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 690.38

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Dec 24 4:00 PM EST

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To: patron_anejo_por_favor who wrote (59637)	10/1/2000 2:33:19 AM
From: charles shaw	Read Replies (1) of 99985

I thought I saw yesterday that the NYSE has relaxed the point swings before any of the "circuit breakers" kick in to slow or temporarily halt trading in the market. I had two opposing thoughts on changing those rules AT THIS TIME (though I agree they needed to be relaxed.) 1-- NYSE directors sure must be confident in the strength of the market to do this before October, with its historically precipitous falls. or 2--(Thinking like a crim) the big money gets short, then is able to allow an even larger plunge before covering.

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