But we watch with interest:
Stock market circuit breakers are mechanisms designed to temporarily halt trading on U.S. exchanges during significant market declines, aiming to prevent panic-selling and maintain orderly market operations. These circuit breakers are triggered based on the S&P 500 Index’s performance relative to the previous day’s closing value and are categorized into three levels:?
- Level 1: A 7% decline in the S&P 500.?
- Level 2: A 13% decline in the S&P 500.?
Level 3: A 20% decline in the S&P 500.?
The specific responses to these declines are as follows:?
Levels 1 and 2:
- If a Level 1 or Level 2 decline occurs before 3:25 p.m. Eastern Time (ET), trading across all markets halts for 15 minutes.?
- If such a decline happens at or after 3:25 p.m. ET, trading continues without interruption.?
A Level 3 decline results in the cessation of trading for the remainder of the trading day, irrespective of the time it occurs.?
These thresholds and protocols are established to provide a “cooling-off” period, allowing investors to process information and make informed decisions, thereby mitigating potential market overreactions.
Of course, they won’t be needed today, will they?
-g
In seveal places now, seemngly UNrelated, in recent days I’ve seen references to March 10- to 12 talking about some sort of super Big Deal event days.
Anybody else? Any idea as to WHAT is being referenced? (Assuming there’s anything at all to it.)
Thursday is a potential 1-1-3 Ritual Day.
Refer to Stu’s site theageofdesolation.com for further information.
Nein,nein,nein – let the blood (malinvestments) flow!
Dude, holding long SPY550 Putz – can you say 10 Bagger ?
Got my BVD’s on..only a double bagger at this point in day, but hope springs eternal in the mind of a speculator. Do I hold overnight, or cash out into the close?
What are they going to call this episode – the slaughter of the deepstate ? slaughter of the lambs, slaughter of the banks (you did see bullion banks in big trouble, slaughter of the weak hands?
Not sure , but starting look like an israhelli operation- ya know kill all the WOMEN and Children.
Go Greater israHELL ! KILL EM ALL!
oh gawd is this glorious or what?
George,
The DJIA has fractal groupings consistent with a 19 Feb 2025 3/8/5 of 8 day :: y/2.5y/2.5y 3-phase fractal crash series similar to the 30 Sept 1987 crash with a 3 day 1st fractal.
Looking at the fractal groupings (determined by fractal trend-lines) of the SPX and other world composite indices, I’m still in favor of a 12 Feb 2025 7/14-18/14-18 day 3-phase crash fractal series.