NYSE Circuit Breakers

    Posted by lindaloo on 17th of Sep 2008 at 02:35 pm

    These have really changed......

    Level 1- 1200 points down-Before 2pm halts for 1 hour, 2-2:30 Halt for 30 minutes. At or after 2:30, no Halt unless we reach level 2

    Level 2-2,400 Points down- Before 1 PM, halt for 2 hours, Between 1pm and 2 pm, halt for 1 hour, At of after 2 pm, no trading resumed for the day

    Level 3- 3,600 points down

    Doesn't look like we'll see

    Posted by rgoodwin on 17th of Sep 2008 at 02:48 pm

    Doesn't look like we'll see these levels today.

    Circuit Breakers

    Posted by lindaloo on 17th of Sep 2008 at 02:54 pm

    Those circuit breakers really changed from what I had remembered.....I seem to remember every time the market was down 350 or so, they would kick in. Maybe they changed them along with the tick rule.

    circuit breakers

    Posted by george2 on 17th of Sep 2008 at 02:59 pm

    Think they used to call them curbs.  Haven't noticed them in a good while.  When did they stop the curbs?

    Curbs

    Posted by lindaloo on 17th of Sep 2008 at 03:28 pm

    Circuit Breaker, Curbs...same thing....I haven't noticed them either and when we were down 500 it made me think about it. I think they changed things along with the uptick rule.....free market stuff....until things get unraveled.....

    Yeah....probably not today.....

    Posted by lindaloo on 17th of Sep 2008 at 02:50 pm

    Yeah....probably not today.....

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