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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (43612)3/20/2000 8:33:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 99985
 
>it was cutting the stock market's daily downward volatility
>limit to 3.5 percent from the current seven percent, effectively Monday.

If they're limiting volatility, why arent the limits the same in both directions?

Quick quiz- name the last two countries that rigged their markets this way (i can expect taiwan will outlaw shorting, just like these clowns did):

Answer- Albania and Indonesia. Both of their economies collapsed within 2 months and there were riots in the streets.