Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: blam

That’s what I thought ...after 2:30 there is no halt to trading.


156 posted on 05/06/2010 12:08:14 PM PDT by EBH (Our First Right...."it is the Right of the People to alter or to abolish it,")
[ Post Reply | Private Reply | To 142 | View Replies ]


To: EBH

Gov. PPT buying in with your money.


158 posted on 05/06/2010 12:09:25 PM PDT by screaminsunshine (S)
[ Post Reply | Private Reply | To 156 | View Replies ]

To: EBH

The Dow plunged Thursday amid buzz in the market that European banks have halted lending.

One trader, on the condition of anonymity, said he heard fixed income desks in Europe shut down early because there was no liquidity — basically European banks are halting lending right now.

“This is similar to what took place pre-Lehman Brothers,” the trader said.

http://www.cnbc.com/id/36988229


164 posted on 05/06/2010 12:11:23 PM PDT by kcvl
[ Post Reply | Private Reply | To 156 | View Replies ]

To: EBH

As I understand it there would be a 1 hour halt if DOW lost 10% of it’s value from the start of this quarter (about 1100 points) prior to 2:30pm.
After 2:30pm it would need to lose 20% (about 2200) to cause a halt in trading.


166 posted on 05/06/2010 12:12:02 PM PDT by Dave346
[ Post Reply | Private Reply | To 156 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson