Created Mon 15th Sep 8:18am PDT by 
pixelpaws
All questions » Business » Indices » pixelpaws Will a DJIA circuit breaker trip by the end of 2008?
Current forecast: 18% chance 
18%
18%
Combining all predictions, the current forecast is that this is 18% likely to happen (down 18% in last 1 day)
To prevent a catastrophic market crash, there are circuit breakers that automatically halt all activity on the NYSE. These are tied to the DJIA; the first kicks in at a 10% drop. For the third quarter, this means the market would have to drop at least 1,200 points in one day; the numbers will be recalibrated for Q4. Will we see this sort of crash or, even in light of the increasing financial turmoil, stay out of that kind of trouble?
http://www.nyse.com/press/circuit_breakers.html
http://www.nyse.com/press/circuit_breakers.html
Settlement details:
As reported by a major mainstream news source.
Make your prediction!
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Activity: H$92,407
Question suspends in 5 weeks
Suspend date: Wed 31st Dec 10am PST (5 weeks to go)
Initial likelihoods: Yes: 5%
Action history:
Created Mon 15th Sep 8:18am PDT by pixelpaws
pixelpaws
Suspend date: Wed 31st Dec 10am PST (5 weeks to go)
more info...
Get widget!Predictions (64)
64 predictions
jpkoester1
morgie
storekeeperathscm
jenniandboys![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin"){kind=icon}
predicted No (H$1,000 at 59%)
lcsnor
chrisComments (3)
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score: 10
San Francisco Chronicle 3 weeks ago
the fact that so much of the volatility has come so late in the day. On Monday, the Dow Jones industrial average fell about 200 points in the last 10 minutes. On Tuesday, it gained more than 400 points in the final hour. And on Wednesday, it swung from
score: 10
Wall Street Journal Online 3 weeks ago
and sell NYSE-listed shares. What that left in place was a second set of restrictions based on the Dow Jones Industrial Average. Unlike the eliminated curbs based on daily closes, however, these last-man-standing curbs are based on a quarterly reading of
score: 10
Computerworld Australia 3 weeks ago
to highlight rules about market-wide trading halts that kick in when indices plummet below certain pre-defined levels. Those 'circuit breaker' levels are designed to reduce market volatility by forcing a pause in trading activity for certain periods of
score: 10
Daily Times 3 weeks ago
at which trading on both the NYSE and Nasdaq is halted marketwide based on single-day declines in the Dow Jones industrial average. An NYSE circuit-breaker halt was last triggered on Oct 27, 1997 during a wide-scale market plunge triggered by a financial
score: 10
Smart Money 3 weeks ago
outlooks), growing recessionary fears and a massive selloff overseas sent future contracts plummeting in premarket trading. In fact, Dow Jones Industrial Average (DJIA) futures dropped so precipitously 550 points that they triggered the Chicago
Today's 777 point drop was the largest single-day decline in the history of the Dow. Even that war more than 400 points short of tripping the breaker.
"Ahead of the market’s open, Dow Jones industrial average futures fell the maximum allowed limit of 550, or 6.27 percent, to 8,224. That triggered circuit breakers that automatically freeze selling until the market’s 9:30 a.m. EDT open."
doesn't count, but maybe today's the day.
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