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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (434428)3/9/2020 1:38:36 AM
From: Secret_Agent_Man  Read Replies (1) of 436258
 
" The cash equities market is subject to circuit breakers established by the New York Stock Exchange in the wake of the 1987 Black Monday crash. Trading will halt for 15 minutes if the S&P 500 falls 7% to 2,764.3 at any time before 3:25 p.m. in New York. Another 15-minute pause will happen if losses in the index reaches 13%, a drop that would put it at 2,585.96. If the decline hits 20%, or 2,377.9, markets will close for the day. Only the 20% rule applies in the final 35 minutes of cash trading."

and if it happens at the open and persists thru 3:25pm..... que twilight Zone

howdy...et al
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