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brooklynite

(94,560 posts) Wed Mar 11, 2020, 09:24 PM Mar 2020

7

What are the odds that the Stock Exchange circuit breakers kick in tomorrow?

10 replies

= new reply since forum marked as read

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What are the odds that the Stock Exchange circuit breakers kick in tomorrow? (Original Post) brooklynite Mar 2020 OP

Odds-on in a big way. n/t TygrBright Mar 2020 #1

100 percent HarlanPepper Mar 2020 #2

Monday took about ten minutes. MoonlitKnight Mar 2020 #8

This message was self-deleted by its author democratisphere Mar 2020 #3

I'd go with 20% chance. S&P futures are down 2.5% right now. DanTex Mar 2020 #4

That's rather capitalist of you. ehrnst Mar 2020 #10

Monday took 5 minutes. Quicker tomorrow? slumcamper Mar 2020 #5

I lost $13350 on my IRA today, thanks Trump nt doc03 Mar 2020 #6

100% ... or later that the lights turn on!! n/t RKP5637 Mar 2020 #7

Good call! DanTex Mar 2020 #9

TygrBright

(20,760 posts)

1. Odds-on in a big way. n/t

Reply to brooklynite (Original post)

Wed Mar 11, 2020, 09:25 PM

Mar 2020

HarlanPepper

(2,042 posts)

2. 100 percent

Reply to brooklynite (Original post)

Wed Mar 11, 2020, 09:25 PM

Mar 2020

The question is when? I give it an hour, maybe 45 minutes.

MoonlitKnight

(1,584 posts)

8. Monday took about ten minutes.

Reply to HarlanPepper (Reply #2)

Wed Mar 11, 2020, 09:32 PM

Mar 2020

It’s based upon the SP500, not the DOW, and triggers at 7% - just FYI.

One other thing to watch, sometimes the drop isn’t as dramatic as futures would indicate initially. If that happens it’s bad because it means there are no buyers. The stock price won’t actually change until there is a buyer and seller. Some stocks Monday took over 30 minutes until the first trade went through- and it was down 22%. Europe had more examples Monday.

Response to brooklynite (Original post)

democratisphere This message was self-deleted by its author.

DanTex

(20,709 posts)

4. I'd go with 20% chance. S&P futures are down 2.5% right now.

Reply to brooklynite (Original post)

Wed Mar 11, 2020, 09:27 PM

Mar 2020

Circuit breaker is at 7%, so it's still a ways to go. But volatility is crazy, so it definitely could happen.

ehrnst

(32,640 posts)

10. That's rather capitalist of you.

Reply to DanTex (Reply #4)

Mon Mar 16, 2020, 05:51 PM

Mar 2020

slumcamper

(1,606 posts)

5. Monday took 5 minutes. Quicker tomorrow?

Reply to brooklynite (Original post)

Wed Mar 11, 2020, 09:27 PM

Mar 2020

doc03

(35,337 posts)

6. I lost $13350 on my IRA today, thanks Trump nt

Reply to brooklynite (Original post)

Wed Mar 11, 2020, 09:28 PM

Mar 2020

RKP5637

(67,108 posts)

7. 100% ... or later that the lights turn on!! n/t

Reply to brooklynite (Original post)

Wed Mar 11, 2020, 09:29 PM

Mar 2020

DanTex

(20,709 posts)

9. Good call!

Reply to brooklynite (Original post)

Thu Mar 12, 2020, 09:36 AM

Mar 2020

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