06 October 2008

Things Are Not Looking Good for Our Dow

As of this writing, the Dow is down 694 points, or 6.72%. Don't they halt trading at some point if it goes down far enough? Yes.

In a nutshell, it's too late in the day for them to halt trading, unless it drops another 3,306 points, which does not seem plausible. However, before 2:30, it only -- only -- needs to drop 1350 to trigger a half-hour pause.



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