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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (3710)8/5/1997 11:41:00 PM
From: James Berg   of 94695
 
<After reading the post about repealing the 1930's law, means circuit breakers are being removed. No more
sanity.>

I think the circuit breakers are still in place. Only the provision listed affecting mutual funds and their short-term gains limit. Does anyone know what happens after a 350 point drop and the hour cool-off period? Is it allowed to free-fall, or does it just re-set the circuit breakers?

--James
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