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To: IceShark who wrote (15228)8/30/1998 5:16:00 PM
From: Gordon A. Langston  Read Replies (2) | Respond to of 164684
 
you boys get an F

Probably deserve it, but after reading column in WSJ it was interesting to note the change in the stops and how much more liberal they were.. Trading would halt for one hour for 10% drop before 2 p.m.; 30 min for that drop between 2 and 2:30 and none in last 90 min. If DJIA is down 1750 (20%) before 1 p.m. a 2- hour halt and for 1 hour if it occurs between 1 and 2p.m. and for the rest of the day if it occurs during last two hours. Trading would halt for the day if index lost 30% or 1750. The old trigger was 350 pts. Next time I will of course read more closely before correcting the Ice Shark <g>

Regards, GL