S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open

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nps
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Joined: Thu Dec 04, 2014 10:18 am

Re: S&P500 and Dow Futures Halted After Reaching 5% Down Limit for Monday Open

Post by nps » Mon Mar 23, 2020 4:37 pm

dmcmahon wrote:
Sun Mar 22, 2020 9:37 pm
nps wrote:
Sun Mar 22, 2020 9:17 pm
dmcmahon wrote:
Sun Mar 22, 2020 9:12 pm
tim1999 wrote:
Sun Mar 22, 2020 6:28 pm
Ugh. [Deleted - mod olcomputerguy] The good news is that in about 2 more weeks of the current downward trajectory we have been on, the market will be zero and we will not have to worry about it anymore. :annoyed
I'm starting to think that's where it's headed. Market closes for the day after two time outs right? Play that forward day after day and eventually they'll have to just shut it down for the duration, as no one knows the value of anything.
Yes. Third stop halts trading for the day. That hasn't happened once in this downturn yet. Nor has a Level 2 stop for that matter.
I'll bet it happens tomorrow. I bet a 24-roll pack of Kirkland toilet paper.
Score! And I thought they came in 30 packs.

Socal77
Posts: 188
Joined: Thu Oct 19, 2017 1:14 pm

Re: S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open

Post by Socal77 » Mon Mar 23, 2020 5:28 pm

minimalistmarc wrote:
Mon Mar 23, 2020 3:51 am
I’m a hospital doctor. Things are going to be bad but never forget that victory is inevitable. We will get through this, and in my opinion the aftermath will be short lived.

Please do not panic sell/capitulate unless you got your AA badly wrong and are permanently switching to a more conservative balance
Thanks for sharing your optimistic outlook. :-)

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dmcmahon
Posts: 2166
Joined: Fri Mar 21, 2008 10:29 pm

Re: S&P500 and Dow Futures Halted After Reaching 5% Down Limit for Monday Open

Post by dmcmahon » Tue Mar 24, 2020 12:29 am

nps wrote:
Mon Mar 23, 2020 4:37 pm
dmcmahon wrote:
Sun Mar 22, 2020 9:37 pm
nps wrote:
Sun Mar 22, 2020 9:17 pm
dmcmahon wrote:
Sun Mar 22, 2020 9:12 pm
tim1999 wrote:
Sun Mar 22, 2020 6:28 pm
Ugh. [Deleted - mod olcomputerguy] The good news is that in about 2 more weeks of the current downward trajectory we have been on, the market will be zero and we will not have to worry about it anymore. :annoyed
I'm starting to think that's where it's headed. Market closes for the day after two time outs right? Play that forward day after day and eventually they'll have to just shut it down for the duration, as no one knows the value of anything.
Yes. Third stop halts trading for the day. That hasn't happened once in this downturn yet. Nor has a Level 2 stop for that matter.
I'll bet it happens tomorrow. I bet a 24-roll pack of Kirkland toilet paper.
Score! And I thought they came in 30 packs.
You win! But you'll have to cross the Forbidden Zone to collect, and I hear it's infested with Zekes. :D

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F150HD
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Joined: Fri Sep 18, 2015 7:49 pm

Re: S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open

Post by F150HD » Tue Mar 24, 2020 8:23 am

I predict a record % rise in the Dow Tuesday.

veggivet
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Location: New England

Re: S&P500 and Dow Futures Halted After Reaching 5% Down Limit for Monday Open

Post by veggivet » Thu Mar 26, 2020 7:35 am

veggivet wrote:
Sun Mar 22, 2020 9:07 pm
Perhaps this down move is the market pricing in the jobs report due out Thursday, which will likely be a 3 comma number starting with a 2, setting a new record.
Would you believe a 2 comma number starting with a 3? :oops:
If you watch your pennies, your dollars will take care of themselves.

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watchnerd
Posts: 5544
Joined: Sat Mar 03, 2007 11:18 am
Location: Seattle, WA, USA

Re: S&P500 and Dow Futures Halted After Reaching 5% Down Limit for Monday Open

Post by watchnerd » Thu Mar 26, 2020 10:16 am

veggivet wrote:
Thu Mar 26, 2020 7:35 am
veggivet wrote:
Sun Mar 22, 2020 9:07 pm
Perhaps this down move is the market pricing in the jobs report due out Thursday, which will likely be a 3 comma number starting with a 2, setting a new record.
Would you believe a 2 comma number starting with a 3? :oops:
Yeah, 2,000,000,000 would have been pretty crazy
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

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