User Tag List

Page 2 of 2 FirstFirst 12
Results 11 to 13 of 13

Thread: Smocking Gun

  1. #11
    Senior Member
    Join Date
    Apr 2018
    Location
    Outside of Montreal
    Posts
    149
    Thanks Given
    0
    Thanked 113 Times in 93 Posts
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    P.S. Also, at least when I was involved in it, the shutting of the market didn't prevent the sales and purchases of stocks but only the real time market quotes so on the reopening the price difference could still be dramatic.

  2. The Following User Says Thank You to Beevee For This Useful Post:

    Dr. Who (12-14-2018)

  3. #12
    Administrator Dr. Who's Avatar
    Join Date
    Apr 2018
    Posts
    834
    Thanks Given
    691
    Thanked 489 Times in 369 Posts
    Mentioned
    15 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Beevee View Post
    P.S. Also, at least when I was involved in it, the shutting of the market didn't prevent the sales and purchases of stocks but only the real time market quotes so on the reopening the price difference could still be dramatic.
    I don't know how effective it is but "The exchanges and FINRA have rules in place to take coordinated action to control market volatility for the benefit of investors. Those rules call for a pause in the trading of a single stock across all markets when the price changes by a certain percentage over the preceding five minutes, and for a market-wide trading halt when the Dow Jones Industrial Average (DJIA) declines by specified percentages." http://www.finra.org/investors/alert...-interruptions
    "The difference between what we do and what we are capable of doing would suffice to solve most of the world’s problems.” Mahatma Gandhi

  4. #13
    Administrator Gamewell45's Avatar
    Join Date
    Apr 2018
    Location
    Upstate NY
    Posts
    465
    Thanks Given
    222
    Thanked 333 Times in 258 Posts
    Mentioned
    7 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Beevee View Post
    They become smarter after they realise they can't get away with it again. There were no prosecutions surrounding the last stock market crash when those who helped instigate it not only got away with the crime but became richer because of it.
    I'm sure we'll find out in the next couple of weeks how things turn out for the stock market. If, in the event that it continues to tank, I wonder what, if anything Trump will do as far as economic policy goes.
    When you cuss a farmer, don't talk with your mouth full

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •