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To: RocketMan who wrote (23862)8/31/1998 3:53:00 PM
From: Michael Ulysses  Respond to of 50264
 
Note that the old 350 and 550 points circuit-breakers no longer apply -- the new circuit breakers are set quarterly and are based on percentage declines of 10, 20, and 30 percent. The Q3 circuit breakers have been set at 900, 1750, and 2650 points. The first circuit-breaker at -900 would halt trading for an hour if it occurred before 2:00 ET, for a half hour if before 2:30 ET, and have no impact if it was hit after 2:30 ET.


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