Is today the day?
- Thread starter arabianights
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DaxDestroyer
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CME Circuit Breakers
The System for Circuit breakers on the CME is DIFFERENT to that of the NYSE cash market
BE AWARE!!!
The System for Circuit breakers on the CME is DIFFERENT to that of the NYSE cash market
BE AWARE!!!
BSD
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Scary thought...
LTCM's collapse almost brought down the world financial system.
Now, the world financial system IS down...
What happens if another very large hedge fund must unload NOW to meet a margin call, that would result in an absolute freefall wouldn't it.
Not highly unlikely either:
http://www.trade2win.com/boards/general-trading-chat/42650-vicious-cycle-hedge-fund-contagion.html
Thanks for those links Carlos.
LTCM's collapse almost brought down the world financial system.
Now, the world financial system IS down...
What happens if another very large hedge fund must unload NOW to meet a margin call, that would result in an absolute freefall wouldn't it.
Not highly unlikely either:
http://www.trade2win.com/boards/general-trading-chat/42650-vicious-cycle-hedge-fund-contagion.html
Thanks for those links Carlos.
Hoggums
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It's open. futures are not trading because they have hit limit lows.
Panic is the order of the day methinks. Below 8000 I reckon...
Rossini
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If the Dow Jones Industrial Average falls 10%, trading is halted on the New York Stock Exchange for 60 minutes. If the Dow Jones rallies 10%, there is no restriction. Why? Because program buying and the accompany rally is always perceived as "good".
If the Dow Jones Industrial Average falls 20%, trading is halted on the New York Stock Exchange for two hours. There is no trading halt if it rallies 20%, as that would be perceived as "very very good".
If the Dow Jones Industrial Average falls 30%, trading is halted on the New York Stock Exchange for the day. There is no trading halt if it rallies 30%, as that would be perceived as "the best thing that ever happened in the history of the world".
According to the NYSE the current 10, 20 and 30 percent decline levels, respectively, in the DJIA will be as follows: A 1,350 point drop in the DJIA will halt trading for one hour if the decline occurs before 2 p.m.; for 30 minutes if before 2:30 p.m.; and have no effect between 2:30 p.m. and 4 p.m. A 2,700 point drop will halt trading for two hours if the decline occurs before 1 p.m.; for one hour if before 2 p.m.; and for the remainder of the day if between 2 p.m. and 4 p.m. A 4,000 point drop will halt trading for the remainder of the day regardless of when the decline occurs. Point levels are set quarterly by using the DJIA average closing values of the previous month, rounded to the nearest 50 points. The percentage levels are adjusted quarterly.
I didnt think that was the case????
If the Dow Jones Industrial Average falls 20%, trading is halted on the New York Stock Exchange for two hours. There is no trading halt if it rallies 20%, as that would be perceived as "very very good".
If the Dow Jones Industrial Average falls 30%, trading is halted on the New York Stock Exchange for the day. There is no trading halt if it rallies 30%, as that would be perceived as "the best thing that ever happened in the history of the world".
According to the NYSE the current 10, 20 and 30 percent decline levels, respectively, in the DJIA will be as follows: A 1,350 point drop in the DJIA will halt trading for one hour if the decline occurs before 2 p.m.; for 30 minutes if before 2:30 p.m.; and have no effect between 2:30 p.m. and 4 p.m. A 2,700 point drop will halt trading for two hours if the decline occurs before 1 p.m.; for one hour if before 2 p.m.; and for the remainder of the day if between 2 p.m. and 4 p.m. A 4,000 point drop will halt trading for the remainder of the day regardless of when the decline occurs. Point levels are set quarterly by using the DJIA average closing values of the previous month, rounded to the nearest 50 points. The percentage levels are adjusted quarterly.
I didnt think that was the case????
trader_dante
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There are just under 10,000 contracts waiting on the offer on the S&P 500 and 2 on the bid.
Welcome to hell.
Welcome to hell.
graemenash
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I'm betting on 7500 within the next week :-0
firewalker99
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I'm now seeing 11833 to 1 bid!!
trader_dante
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Hoggums
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trader_dante
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That is courtesy of futuresbetting. I just logged into them to screenshot and post the image as I can't transfer screenshots from my TT computer
N Rothschild
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get out the deckchair and pina colladas to watch this me thinks
counter_violent
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Only game worth playing at volatility extremes....don't get caught offside....one way or the other....in any time frame.
trader_dante
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Buy stocks, sell bonds, buy the pound, buy crude oil.
And come back later.
And come back later.
arabianights
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Hedged another fifty k just before new home sales - thank ****!
firewalker99
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The same level came into play just now at the news.
Either you take it or you don't... but price is just fantastic these days:
"I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up."
