No. If we get past 2:30..... it goes as far as it wants. There needs to be a 10% drop in the market to suspend trading... before 2:30.Quote:
Originally Posted by mick silver
Printable View
No. If we get past 2:30..... it goes as far as it wants. There needs to be a 10% drop in the market to suspend trading... before 2:30.Quote:
Originally Posted by mick silver
just touched -500
for some reason- I think I read that the circuit breaker is at -1200Quote:
Originally Posted by mick silver
2:15PM EDT: 10,975.10 http://l.yimg.com/a/i/us/fi/03rd/down_r.gif 469.51 (4.10%)
wow -500
there it is
2:18PM EDT: 10,943.05 http://l.yimg.com/a/i/us/fi/03rd/down_r.gif 501.56 (4.38%)
Sure looks to be on pace
Down 514 points. Looks like the party is really getting started!
I am watching in amazement as my PRUdential put options are giving good returns.
I almost cashed out for profits a few times earlier, but PRU keeps going down. I was hoping it would stay down under 52. Now it is under 49. That may not sound like much, but for options in the money, each $1 drop = $100 profit.
I have 7 options.... that were worth $1500 45 days ago. Now they are over $8,000.... now $9,000. This is a good start in winning back the losses I took.
update- just broke 48.... options worth more than $9,700. This is sinking faster than my silver at the boating accident.
-582
dam -600
someone just put alot of money down in the dow .
dow 532
Large hedge fund losses reported.
I expect margin calls to cause a snowballing cascade.... unless there is some gaming put in play.