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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: Clint E. who wrote (17471)8/4/1998 7:55:00 PM
From: Johnny Canuck  Read Replies (1) of 69125
 
Just a quick reminder to everyone. The new circuit breakers
at in place, a drop of more than 2600 point is possible on
the DOW before a complete halt to trading for the day. It is not probably, but it is possible.

From briefing.com

Note that the old 350 and 550 points circuit-breakers no longer apply -- the new circuit breakers are set quarterly and are based on percentage declines of 10, 20, and 30 percent. The Q3
circuit breakers have been set at 900, 1750, and 2650 points. The first circuit-breaker at -900 would halt trading for an hour if it occurred before 2:00 ET, for a half hour if before 2:30 ET, and have
no impact if it was hit after 2:30 ET... In short, the circuit-breakers are not a factor today.
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