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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (10121)	12/4/1997 10:33:00 AM
From: John Hunt	Respond to of 18056

Mohan, I figure this removes another brick out of the bottom of the bull market's wall. Sources Say NYSE Will Change Circuit-Breakers yahoo.com << Trading would be stopped when the Dow Jones industrial average fell 10 percent, the sources said, and a second halt would kick in when the average fell 20 percent. At the current level of the Dow industrials, that would translate to losses of about 800 and 1,600 points. >> << The decision will be announced after the NYSE's regularly scheduled board meeting, one source said. The NYSE board meets on the first Thursday of each month, with some exceptions in the summer months. >> IMHO, another 'day of tears' is not that far away. John