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As a listener learner I would like to hear trader comment about this
happening.
Phil-f
"Money Daily" Over at the New York Stock Exchange, word is that the
Big Board may nearly triple the down-side threshold for halting trading
on the nation's stock and stock-derivatives exchanges, says the Journal.
Instead of setting off circuit breakers at drops of 350 and 550
points (levels that were triggered for the first time on October 27), the
market would have to plunge 10% and 20% for trading to come to a stop.
Calculated based on Friday's close, that would equal one-day downturns of
788 and 1,576 points on the Dow Jones Industrial Average.
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