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  #1  
Old 08-04-2011, 02:37 PM
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No Market Safeguards ??

Dow dives more than 500 points -- losing more than 4 percent of its value -- as correction hits all three major U.S. stock markets.
More headlines from FoxNews.com:
http://email.foxnews.com/t?ctl=126BC...96375FDBFE89C2&

I thought there was a safeguard put in place after the last crash that closed the markets automatically if the Dow plunged so many points ?
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  #2  
Old 08-04-2011, 02:46 PM
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Re: No Market Safeguards ??

I have no confidence in our government
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  #3  
Old 08-04-2011, 03:00 PM
coadie coadie is offline
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Re: No Market Safeguards ??

Quote:
Originally Posted by Praxeas View Post
I have no confidence in our government
The equities markets expressed "No confidence " in our gubment.
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Old 08-06-2011, 03:42 AM
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Re: No Market Safeguards ??

I read that this happened as a result of Italy's and Spain's economic instability.
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Old 08-06-2011, 07:44 AM
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Re: No Market Safeguards ??

Quote:
Originally Posted by Jermyn Davidson View Post
I read that this happened as a result of Italy's and Spain's economic instability.
That is the craziest statement I have read in a long time.

You are going off the deep end.

Our obesity problem in America is also NOT related to what Italians and Spaniards eat.
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Old 08-06-2011, 08:18 AM
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Re: No Market Safeguards ??

maybe it will close down on Monday

I thought if it reached a certain point that they close it down to stop the craziness
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Last edited by Amanah; 08-06-2011 at 08:22 AM.
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  #7  
Old 08-06-2011, 08:33 AM
coadie coadie is offline
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Re: No Market Safeguards ??

Quote:
Originally Posted by Amanah View Post
maybe it will close down on Monday

I thought if it reached a certain point that they close it down to stop the craziness
Actually of the trading price of equities drops to zero, the market closes just like the Chicago carbon Exchange closed when carbon was 5 cents a ton.
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