Markets

by **withahip** » Fri Oct 24, 2008 3:49 pm

December futures on the Dow average were barred from falling further at about 4:30 a.m. today after a drop of more than 6 percent triggered limits on the Chicago Mercantile Exchange. Once regular trading begins at 9:30 a.m., a one-hour halt will be imposed should the Dow fall 12.66 percent from yesterday’s close.

The circuit-breaker rules, which call for a 30-minute halt should the Dow decline 1,100 points in the 30 minutes after 2 p.m., expire at 2:30 p.m. They would bar trading for two hours if the Dow lost 2,200 points.

I like super markets.

by **Dr Cheese** » Sat Oct 25, 2008 4:08 am

Again in English please.

by **Epsilon** » Sat Oct 25, 2008 7:17 am

Dr. C, there are triggers that have been established in the U.S. financial
markets (Dow / S&P / NASDAQ) to halt trading if it falls below a certain
percentage. It gives a short period for a 'breather', to slow down the
selling and gets buyers back in, so it doesn't totally get out of control. The
triggers are set quarterly on a particular market's valuation. On Friday,
the Futures market indicated that there were 'sell trades' placed that hit
the trigger at -550, which halted that market until the U.S. open at 9:30am.

The Dow opened down more than 400 points, but never did reach that -550,
showing that by stopping trading, it gave the buyers an opportunity to get
in and start bidding up the share prices. The system worked, for now.

Hope that helps.

by **Kounelaki** » Sat Oct 25, 2008 7:33 am

Wake me when it's over.

by **withahip** » Tue Oct 28, 2008 7:40 am

[youtube]http://www.youtube.com/watch?v=2BmZ_hsra1k&eurl[/youtube]

Ok, this is hysterical. You need sound. Watch the guy walking by with the ____ on his back.

by **withahip** » Tue Oct 28, 2008 8:42 pm

How do you people not find this the funny thing today?

by **Frank The Bunny** » Tue Oct 28, 2008 9:15 pm

withahip wrote:How do you people not find this the funny thing today?

It's not that it's not funny. It's that nobody watches the videos you post anymore.

by **withahip** » Tue Oct 28, 2008 9:34 pm

Frank The Bunny wrote:It's not that it's not funny. It's that nobody watches the videos you post anymore.

I am posting funny things now people!!!!

by **Frank The Bunny** » Tue Oct 28, 2008 9:50 pm

withahip wrote:I am posting funny things now people!!!!

Oh, come on. Now you just sound pathetic. You're better than that.

by **withahip** » Tue Oct 28, 2008 10:55 pm

Do you think so? Do you really? Have you ever been loved? Have you ever found love on the internet? If you met someone on the internet would you believe they could love you?

by **Frank The Bunny** » Wed Oct 29, 2008 12:09 am

withahip wrote:Do you think so? Do you really? Have you ever been loved? Have you ever found love on the internet? If you met someone on the internet would you believe they could love you?

Yes, I believe. Even though I'm fat, old, balding and don't put out.

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