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To: Tom Byron who wrote (8058)3/4/1998 6:15:00 PM
From: Alex  Read Replies (2) | Respond to of 116764
 
Tom, interesting bit from Kaplans' site.............

Charles von Arentschildt, Deutche Bank AG managing director for commodities, stated on Wednesday that the incentive for the planned European Central Bank to hold a relatively large proportion of reserves of gold had been grossly underestimated by the market. According to Mr. Arentschildt, "We believe that the ECB will be biased toward holding a relatively large accessible amount of reserves as they build confidence in the Euro."



To: Tom Byron who wrote (8058)3/4/1998 6:21:00 PM
From: tekgk  Respond to of 116764
 
Yep, 30 is the limit in the nasdaq.



To: Tom Byron who wrote (8058)3/4/1998 7:18:00 PM
From: Larry Haraksin  Read Replies (2) | Respond to of 116764
 
Nasdaq's lock limit down is 30 points; however, if it's trading arena is anything like the S&P's then the market becomes unlocked after 15 minutes. After those minutes, it can drop an additional 30 points before another lock limit is reached.