SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (4809)3/10/2008 3:32:33 PM
From: stan_hughes  Read Replies (2) | Respond to of 71407
 
The trading collars are out, circuit breakers are still in -- nyse.com

CME S&P futures contract limits -- cme.com

Since the practical effect of the limits is to arrest panic, one could reasonably expect that they would provide enough time to organize a temporary "save". However, price discovery being rather inexorable even when impeded, a few weeks later chances are the indexes would be back down to where the previous save occurred, promulgating another decline and the need for another save -- and so on until we find the real bottom