buckeyetom
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akashkreddy
destry
chrisfmasse
monkey_man_444kasulked
Net worth: H$111,776
Predictions made: 2968
41 year old female, from Milwaukee, Wisconsin, . Member since Tue 29th Jan
Comments
kasulked left these comments.
another chapter left out
Joe's dad has to pay taxes on his social security because the liberals fought to have it taxed. and in 10 years Joe and Joe's dad will have no social security the the liberals moved social security from a trust to the general fund.
so now both are homeless and are waiting the liberals to give them a handout because they never taught them how to work hard for themselves
Joe's dad has to pay taxes on his social security because the liberals fought to have it taxed. and in 10 years Joe and Joe's dad will have no social security the the liberals moved social security from a trust to the general fund.
so now both are homeless and are waiting the liberals to give them a handout because they never taught them how to work hard for themselves
Thanks DD it's good to see a kinderd soul
another point I missed is McCain is for stem cell research, but he respect life and is against EMBRYONIC stem cell research huge difference, but you wouldn't know that if you only listen to the neg ads
another point I missed is McCain is for stem cell research, but he respect life and is against EMBRYONIC stem cell research huge difference, but you wouldn't know that if you only listen to the neg ads
1. McCain does not want to spread the wealth nor tax our 401k's
2. McCain will not allow the democrats to gut the US military
3. McCain is pro-life, pro-school choice, and pro taking care of yourself and not living out of the goverment trough of wellfare benefits.
there are many more reasons but the biggest of all is he has experience that the other canidate is lacking. God help us if the other guy gets elected, just kiss your money goodbye, and say hello to socialism because not only does the other guy want to "spread the wealth" he will not stand in the way of congress taxing our 401k's and taking control away from us. And don't forget the most telling comment of all from the other guy's running mate "mark my words, within 6 months Obama will be tested with an international crisis, and we may not like his response"
most of you don't remember the Carter years, if Obama get's elected we will be heading for that again and then we will hear the whinning.
2. McCain will not allow the democrats to gut the US military
3. McCain is pro-life, pro-school choice, and pro taking care of yourself and not living out of the goverment trough of wellfare benefits.
there are many more reasons but the biggest of all is he has experience that the other canidate is lacking. God help us if the other guy gets elected, just kiss your money goodbye, and say hello to socialism because not only does the other guy want to "spread the wealth" he will not stand in the way of congress taxing our 401k's and taking control away from us. And don't forget the most telling comment of all from the other guy's running mate "mark my words, within 6 months Obama will be tested with an international crisis, and we may not like his response"
most of you don't remember the Carter years, if Obama get's elected we will be heading for that again and then we will hear the whinning.
Well after what happened to a black conservative talk show host here in Milwaukee, Powell was probally afraid to endorse McCain. James T Harris was crucifed by the media and received hundreds of hate mail. All because he stood up at a McCain rally here in Wisconsin and stated what he believe. The media couldn't believe that a black man wouldn't be for a black man. Talk about screwed up racism.
@dragon
here in wisconsin (a high health care state) single coverage is about 5500 to 6000 and family coverage is about 11k to 13k (this is for employer sponsored plans) so depending on which they referring to they could both be right.
on another note about advertising etc. my understanding is McCain took public financing (which Obama said he would and then backed out, dare I say Lied) so in essence McCain is cash strapped because he doesn't want to buy an election unlike the "that one". If Obama wins it just goes to show you that you can buy an election.
here in wisconsin (a high health care state) single coverage is about 5500 to 6000 and family coverage is about 11k to 13k (this is for employer sponsored plans) so depending on which they referring to they could both be right.
on another note about advertising etc. my understanding is McCain took public financing (which Obama said he would and then backed out, dare I say Lied) so in essence McCain is cash strapped because he doesn't want to buy an election unlike the "that one". If Obama wins it just goes to show you that you can buy an election.
oops wrong link here is the correct one http://www.youtube.com/watch?v=b5p3OB6roAg
the link I put in the other comment is great if you are religous but not the one I ment
the link I put in the other comment is great if you are religous but not the one I ment
very well said markov, I too agree with you about the tone of the election, the Obama camp is now running an ad here in Milwaukee, WI about in an interview 4 years ago John McCain was quoted as saying "he would hate to live in Milwaukee". What the fails to elaborate on is the quote was in reference to the Milwaukee Brewers baseball team, who sucked 4 years ago. he was at a game and they sucked and he said "boy I would hate to live in Milwaukee". This is a shining example of one side distorting a quote or taking it out of context. Now don't get me wrong this has happened on both sides of the aisle. when you talk about having a conversation with informed people I fear those are few and far between if you get a chance listen the this exerpt from a receint Howard Stern show (not that I like Stern) but it is quite enlighting on those that blindly following the talking points of a party. http://youtube.com/watch?v=zCdZwitrNoY
so like you I feel I too am in the minority. What I hate is those people who say I am racist because I am not voting for Obama. His race has nothing to do with it, as I said in another thread I am more purple than I am red or blue.
so like you I feel I too am in the minority. What I hate is those people who say I am racist because I am not voting for Obama. His race has nothing to do with it, as I said in another thread I am more purple than I am red or blue.
@emmag
I would include corporations, I think the AIG bailout and all the others including the bailout bill is more of a waste of money then the war in Iraq. It's corporate greed that got us in this mess, and unfortuntly congress did nothing to stop this even with the warning signs. the worst thing that could happen to this county and drag us closer to socialism is a democrat congress and a democrat president. 2 years ago we were told now that the democrats had control of congress we would see change, boy have we ever. people want to blame "W" for this mess but these derivites were created when Bill "can't keep my pants on" Clinton was in office. everyone says shame on the banks for praying on poor people and creating the sub prime mess, but I say shame on the Clinton administration that said you can't discrimate, but most of all shame on the people that bought these houses. When we bought our house 5 years ago we were told we could afford a house worth about $300K, and I was like yea right, we bought a modest house for $180K and am very happy in it. It's about 1500 sq. feet and more then enough for the 6 of us (1 husband, 1 kid, 1 father, 2 dogs and me). I am not sure what we would do with a bigger house, it's just more to keep clean and don't have the time, but I digress.
back to the subject at hand, has money be lost you betcha we alone have lost 25% this year but at this time it's just a paper loss and has been the company's contribution, it's like winning at a casino it's not really your money until you walk out. as long as our principal is intact (what we put in)then we have time to recover.
I know this is long, but this last week has been fustrating, and I am dissapointed in both cannidates responses to the current crisis.
I would include corporations, I think the AIG bailout and all the others including the bailout bill is more of a waste of money then the war in Iraq. It's corporate greed that got us in this mess, and unfortuntly congress did nothing to stop this even with the warning signs. the worst thing that could happen to this county and drag us closer to socialism is a democrat congress and a democrat president. 2 years ago we were told now that the democrats had control of congress we would see change, boy have we ever. people want to blame "W" for this mess but these derivites were created when Bill "can't keep my pants on" Clinton was in office. everyone says shame on the banks for praying on poor people and creating the sub prime mess, but I say shame on the Clinton administration that said you can't discrimate, but most of all shame on the people that bought these houses. When we bought our house 5 years ago we were told we could afford a house worth about $300K, and I was like yea right, we bought a modest house for $180K and am very happy in it. It's about 1500 sq. feet and more then enough for the 6 of us (1 husband, 1 kid, 1 father, 2 dogs and me). I am not sure what we would do with a bigger house, it's just more to keep clean and don't have the time, but I digress.
back to the subject at hand, has money be lost you betcha we alone have lost 25% this year but at this time it's just a paper loss and has been the company's contribution, it's like winning at a casino it's not really your money until you walk out. as long as our principal is intact (what we put in)then we have time to recover.
I know this is long, but this last week has been fustrating, and I am dissapointed in both cannidates responses to the current crisis.
The end of my comment may have come out wrong, I don't blame the kids it's the people that make living from the trough a lifestyle.
Well it's nice to have a political discussion on this web site and not have a bunch of name calling. I have always considered myself more purple then red or blue, it's just that lately because the blues have embraced the "moon bat left" I tend to vote more red. That's not to say that some red's haven't embraced the uber conservtives but for the most part I believe that people need to take personal responsibilty for thier actions and stop eating from the trough that the left keeps giving them. again I go to the "how to catch a wild pig" story. It is so true about today's socity, I work hard for what we have and am by no means rich. I sacrifice to send my daughter to a privite high school, because the public school system here sucks, but what scares me the most is that if my husband would die we would lose everything if we didn't have life insurance because according to the trough holders I make to much money for only 2 people in the house. Neither of us had a silver spoon in our mouths we worked hard to get to where we are and have also taken the personal responsibilty to ensure that poverty wouldn't happen if one of us dies.
I just want to keep what is mine and am tired of my tax dollars paying for some crack head that should never have kids.
I just want to keep what is mine and am tired of my tax dollars paying for some crack head that should never have kids.
Mork, I agree with you that a cannidate should be vetted but the media has refused to do the vetting process for Obama.
to be truthful I don't like either cannidate, I am voting for who I feel will keep us from becomming a socialist nation. I have seen many comments on this site about how France has "saved" their financial systems. No offense to anyone on this site that is from France but the goverment taking over the financial system smells of socialism no matter how much "lipstick" or anything else you put on it. If Obama wants to be the voice of change then he should support School Choice and allow the poor and disadvantaged to attend private schools also. If he is so in love with public education then why are his kids (now they should never be part of any discussion but the media brought Palin's kids in first) not being educated by the public system.
to be truthful I don't like either cannidate, I am voting for who I feel will keep us from becomming a socialist nation. I have seen many comments on this site about how France has "saved" their financial systems. No offense to anyone on this site that is from France but the goverment taking over the financial system smells of socialism no matter how much "lipstick" or anything else you put on it. If Obama wants to be the voice of change then he should support School Choice and allow the poor and disadvantaged to attend private schools also. If he is so in love with public education then why are his kids (now they should never be part of any discussion but the media brought Palin's kids in first) not being educated by the public system.
yea what's really funny is in a public school a teacher can tell thier kids that thier parents are bad people and racist if they vote for McCain but if we who work in the Catholic School system do the same thing we risk losing our 501c3 statis
go figure
go figure
Sorry Mork love you to death but you comment #30 about media bias is really funny, The mainstream media has done nothing but annoit Obama since the day he was elected to the senate, refuse to ask questions about his background, and if you do the they call you raciest. This is the same media that pounced on Sara Palin and her kids (they are suppose to be off limits) the second she was announced. So don't claim media bias by Fox when NBC, CBS, ABC, MSNBC, CNN etc have an extreme left slant.
@ dragon... Amen to that brother
If you want to see a socialism in action, just vote for Obama, just remember the story of "how to catch a wild pig" to quote Benjimen Franklin "Sell not virtue to purchase wealth, nor Liberty to purchase power."
If you want to see a socialism in action, just vote for Obama, just remember the story of "how to catch a wild pig" to quote Benjimen Franklin "Sell not virtue to purchase wealth, nor Liberty to purchase power."
go figure the house defeats the bill the market goes down, the house passes the bill and the markets go down, guess the bill is really not be nothing but a burden on those of us who played by the rules
The problem is Obama won't do jack to help the economy, it was the democrats that hurt the bill yesterday.
I know that this has been flaged but in the details he clearly states "here it is for Monday" must have just gotten the date wrong
I know this is suspended but to be devils advocate what would happen if they have say 101 medals and then they are stripped of theii medals in the gymnastics when those 2 gymnists are deteremind to be under 16?
you guys are funny, you should live here with lawnboy the news anchors could hardly keep a straight face.
try this link http://sports.yahoo.com/golf/pga/leaderboard/2008/33;_ylt=Ag0tK4tvc3cL42zzI32Dg705nYcB
Sorry added 127 in twice through Wednesday it was 406
with 82 yesterday that makes it 488 through Thursday
with 82 yesterday that makes it 488 through Thursday
wow talk about being up in the middle of the nite, I live in Packer nation and didn't hear the story until I got up thes morning
I am just glad this is all over, both sides were wrong and handled themselves poorly, but I think Brett will have the bigger black eye
I am just glad this is all over, both sides were wrong and handled themselves poorly, but I think Brett will have the bigger black eye
It looks like the game from yesterday (Wash vs Col) will be played today as a double header so there maybe 11 games today
I love the closing time too, and I actually won on this one, but lost on the 10's digit, missed it by 5.78 points oh well
OMG I can't stand the suspense, I hate it when it straddles a threshold, the suspense is killing me......
Thanks buckeyetom, comming from you it's a great compliment. I played with the numbers and we will see how the week ends upand maybe tweek it some more.
I hear that the "official" scrabble version is very difficult to use and hard to download so I will go with wordscraper
Thats weird because I seem to remember that even if a question is in the featured area it's still down below
I usually bet the upper range and am doing well last I looked I was #9 on the sports board, not bad for a girl
@cognos try the "how many runs will be scored" market in sports in MLB, that helps me pass the time over the weeknd
it looks like it could happen stranger things have occurred
http://www.jsonline.com/watch/?watch=1&date=7/2/2008&id=42602
http://www.jsonline.com/watch/?watch=1&date=7/2/2008&id=42602
At first I was upset because I did not read the question right and thought I was playing the DOW but was using the NASDAQ question. when I discoverd my error I ate my losses and put a quick 1k each on 3 and 4, the number 4 paid me 17K, thanks jenni for the question, and I guess I am glad that I messed up because it was way in my favor.
looks like all the buyers were on vacation today, not looking good for tomorrow Friday is usually a down day to begin with. well we shall see
so much for a calm day of trading, at some point the bargin hunters will come out, it's just a matter of when
Oh yea and throw in the first day of Summer and a full moon yesterday and soon it will be raining cats & dogs...
very doubtful and if you look back over the course of this year, Friday's have been down days to begin with so now you through the witches in and its one mighty potent brew...
This question is like bad medicine, and bad medicine is what I needed, ooh ooh this question is like bad medicine, there ain't no doctor that can cure my diesese....bad, bad, medicine........
I would think that if one of the numbers is a 1 then that would be an ace, and I would also think that the 1 would be either 1 or 11 just like an ace dependent on how the cards read, the only question would be if the dealer would hit again with a soft 17 (a 1 and a 6). but that would be for Hubdubbob to decide.
Just a rumor see: http://www.people.com/people/article/0,,20203433,00.html
market is still settling out looks like 12601.19 would have made a killing on the below 12,600 but still did decient on the 12,600.01 to 12,700
OK heres one for you
the pope lands in new york and his limo driver picks him up. He says to his limo driver hey I have always wanted to drive a limo, could I please drive, the limo driver reluctly agrees. As the pope is now driving wildly throught he streets of new york, a cop pulls him over. when the cop walks up to the limo to ask for liscense & registration, the pope rolls down the window and asks, "can I help you my fine man". The cop blanches and runs back to his squad car and radio's his captian, "sir, I just pulled over a limo that was driving wildly and I think I have a VIP", the captian asks "is it the Mayor?", the cop says "no bigger", the captian asks "is it the Governer?", "no bigger" the cop says. The captian asks "the President?", the cop says "Sir, I am talking real big", the captian says well I am out of options, why do you think this is a bigger VIP then the President?". The cop states "well sir, I think it might be God, because the Pope is his driver!!!!"
Not as good as fingers story but when you work for the church sometimes this is a funny as it gets.
Great question fingers, can't wait for the first card of the flop!!!!!
the pope lands in new york and his limo driver picks him up. He says to his limo driver hey I have always wanted to drive a limo, could I please drive, the limo driver reluctly agrees. As the pope is now driving wildly throught he streets of new york, a cop pulls him over. when the cop walks up to the limo to ask for liscense & registration, the pope rolls down the window and asks, "can I help you my fine man". The cop blanches and runs back to his squad car and radio's his captian, "sir, I just pulled over a limo that was driving wildly and I think I have a VIP", the captian asks "is it the Mayor?", the cop says "no bigger", the captian asks "is it the Governer?", "no bigger" the cop says. The captian asks "the President?", the cop says "Sir, I am talking real big", the captian says well I am out of options, why do you think this is a bigger VIP then the President?". The cop states "well sir, I think it might be God, because the Pope is his driver!!!!"
Not as good as fingers story but when you work for the church sometimes this is a funny as it gets.
Great question fingers, can't wait for the first card of the flop!!!!!
rumor has it that if these weeks road trip (5/16 to 5/26) goes south there could be changes happening. Stay tuned
I hope I am right but I think the river is a 3 of hearts, that would mean that big slick just got rivered. Of course Fingers will have to be the official word. God I love this question ;P
we have to wait for fingers to verify but I think the turn is a 7 of hearts so J-10 now has a straight draw or a flush draw.... come on river!!!!!
I think what could be fun some time is let the S&P and the NASDAQ determine the 2 hands and then use the DOW for the flop, turn, & the all important river. either way this is so much fun. I am a poker junkie...
what's the 2nd card of the flop, what's the 2nd card of the flop, oh my I can't wait to find out the 2nd card of the flop!!!!!!!
whats the turn, whats the turn, oh my lord I cant stand the suspense anymore what's the turn (yes I am a texas holdem junkie)
what a shame Eight Belles came in second, only to be put down after the race for breaking both front ankles. Happy for Big Brown, sad for Eight Belles
we really need spell check, or my fingers need to slow down I ment that she still has a year to go before she gets into college and then the 4+ years before she gets out.
well didn't quite leave yet but michael I am a Mom not a Dad, her Dad is not news junkie, political nut job that I am, to much time in the financial industry not now recovering 9 years stong in a nice quite non-profit, also am proud to say I did not vote for "diamond" Jim Doyle a "white" dude with "black" kids that he just trots out at election time, he has his hands so far in the indian "american" gaming industry it's not funny and the "wonderful" Tommy Thompson, wasn't much better. Wisconsin is a tax hell and it's not getting any better, only staying until the kid is out of college (still over a year away) and then we are talking about moving somewhere south, I hear Louisiana is real nice if you can avoid the bugs, the heat, the humidity, and every once in awhile hurricane.
And yes I agree this is also a social site, I have met with and talked with many wonderful people from around the world and some not so nice ones. With the site still being in beta, it will take awhile to work out all the bugs.
Don't work to late, your wife/girlfriend/kids miss you, life is to short, go and run naked just to make them think
And yes I agree this is also a social site, I have met with and talked with many wonderful people from around the world and some not so nice ones. With the site still being in beta, it will take awhile to work out all the bugs.
Don't work to late, your wife/girlfriend/kids miss you, life is to short, go and run naked just to make them think
Well have a good nite, the kid is home and I am going to bed, have to be up early to take her to her SAT test center
Wisconsin, not far from Canada, but still far because it's southern Wisconsin. Where in Canada are you from
maybe we should make that a question "will Hubdub create spell checking ability for comments and shout outs"
I am just making general comments, I don't want to engage in this candidate did this and this candidate did that, that could lead to bad feelings on both sides, because no matter what I say you won't change your mind and no matter what you say I won't change my mind, what needs to happen is compromise, the system is screwed up and until both sides get off their high horses and work for what is really for the good of all people, rich and poor, things will never change. to be honest I am more purple then red or blue, I lean red because I don't believe what I have worked so hard for should used for progams that have created a sense of entitlement life style. There have been times that I have voted blue because the red was way to far to the right and I have voted red because the blue was way to far to the left. yes Obama worked his way up, but how many (of all colors) are not able to work they way up because programs don't teach responsibilty and hard work can pay off. It just keeps them in the welfare state.
I ramble on, as I said in my first post, this is a fun place and we should all be able to agree to disagree (can't we all just get along)
I ramble on, as I said in my first post, this is a fun place and we should all be able to agree to disagree (can't we all just get along)
unfortunly things will never change because the "regular guy" left or right can't even dream of running for president, because what is spent in political ads is more then most of us would make in a life time. but they all say the feel our pain, well until the govt. starts cutting back on waste and programs that don't work. it will always be statis quo. Oh yea even us "EVW" (evil right wingers) gag sometimes on both sides of the political line. The latest killer is the prevailing thought that increasing the gas tax will lower gas prices, boy that's a hoot. I mean they say the money will go into a fund to build new refineries. that's a joke, kind of like the moving of Social Security to the general fund would be good for the system. we all know how that all worked out.
just the different sides of the great dysfunctional coin we call American politics. God I can't wait until Nov. 5th than all the political ads will stop. it just get's crazier and crazier, it get's to the point you don't know what to believe any more, expecially with the media showing it bias (left or right) more and more each day.
not all of us are left wing nut jobs, some of us are right wing nut jobs, you never know you just might be in the company of the "evil right wingers" but that "evil right wing nut job" to you, that's what makes us great, we can agree to disagree.
Andrew thinks it's not news so he won't let us play, he is such a party pooper :( ---- (just teasing Andrew)
actually it looks like 2 pair 12891.86 but market is still settling out just a few seconds ago it looked like a large straight. As for bob's question I like the use of 7 numbers because there is more of a chance for different combo's
typical Friday, seams to be a down day, at this point I would love to see it go below 12,300 would make a killing then.
I would like to see it for both, if you keep www.cnbc.com open you then you can see the DOW the NASDAQ and the S&P 500
I had the same issue on Thursday's questions until it was pointed out to me that this is the NASDAQ not the DOW.
mea culpa I thought it was the Dow not the NASDAQ helps if I read the whole questions. I just assumed it was the DOW. again sorry
this question should be voided the 3rd digit is the hundreds column not the tens column. the tens column is the 4th digit i.e. 12528.92, 2 is the tens column and it is the 4th digit. I flaged this for review
looks like a nail biter, hovering around 2 prediction levels..... glad I have 20+ years to retirement....
again this question should be voided the market is closed tomorrow see the following link
http://nasdaqtrader.com/Trader.aspx?id=Calendar
http://nasdaqtrader.com/Trader.aspx?id=Calendar
yea that would be a good question and you might want to reference the second link I gave you or let the general public know what the parimators are..
With the "circuit breakers" at 10% and 20% I don't think it will ever be used again short of a meltdown or another 9/11. I have been out of the industry for about 9 years and don't miss it at all. There are some bad times ahead, but people need to take responsibilty for thier actions, and predatory lenders should be shot at sundown. All the mortgage caculators say that based on our income we should be able to afford a 400K house, yea right. again glad to see you back.
oops old rule here is the link for the correct rule
http://www.nyse.com/press/circuit_breakers.html
CIRCUIT-BREAKER LEVELS
FOR FIRST-QUARTER 2008
In the event of a 1350-POINT decline in the DJIA (10 percent):
Before 2 p.m.
1-HOUR HALT
2-2:30 p.m.
30-MIN. HALT
After 2:30 p.m.
NO HALT
--------------------------------------------------------------------------------
In the event of a 2700-POINT decline in the DJIA (20 percent):
Before 1 p.m.
2-HOUR HALT
1-2 p.m.
1-HOUR HALT
After 2 p.m.
MARKET CLOSES
--------------------------------------------------------------------------------
In the event of a 4000-POINT decline in the DJIA (30 percent), regardless of the time, MARKET CLOSES for the day.
NYSE Circuit Breakers
In response to the market breaks in October 1987 and October 1989 the New York Stock Exchange instituted circuit breakers to reduce volatility and promote investor confidence. By implementing a pause in trading, investors are given time to assimilate incoming information and the ability to make informed choices during periods of high market volatility.
Rule 80B
Effective April 15, 1998 the SEC approved amendments to Rule 80B (Trading Halts Due to Extraordinary Market Volatility) which revised the halt provisions and the circuit-breaker levels. The trigger levels for a market-wide trading halt were set at 10%, 20% and 30% of the DJIA, calculated at the beginning of each calendar quarter, using the average closing value of the DJIA for the prior month, thereby establishing specific point values for the quarter. Each trigger value is rounded to the nearest 50 points.
The halt for a 10% decline would be one hour if it occurred before 2 p.m., and for 30 minutes if it occurred between 2 and 2:30, but would not halt trading at all after 2:30. The halt for a 20% decline would be two hours if it occurred before 1 p.m., and between 1 p.m. and 2 p.m. for one hour, and close the market for the rest of the day after 2 p.m. If the market declined by 30%, at any time, trading would be halted for the remainder of the day.
Under the previous Rule 80B trigger points (in effect since October 19, 1988) for a market-wide trading halt, a decline of 350 points in the DJIA would halt trading for 30 minutes and a drop of 550 points one hour. These trigger points were hit only once on October 27, 1997, when the DJIA was down 350 at 2:35 p.m. and 550 at 3:30, shutting the market for the remainder of the day.
© 2008 NYSE Euronext. All Rights Reserved. | Terms and Conditions of Use | Careers | Site Map | Privacy Policy | RSS
http://www.nyse.com/press/circuit_breakers.html
CIRCUIT-BREAKER LEVELS
FOR FIRST-QUARTER 2008
In the event of a 1350-POINT decline in the DJIA (10 percent):
Before 2 p.m.
1-HOUR HALT
2-2:30 p.m.
30-MIN. HALT
After 2:30 p.m.
NO HALT
--------------------------------------------------------------------------------
In the event of a 2700-POINT decline in the DJIA (20 percent):
Before 1 p.m.
2-HOUR HALT
1-2 p.m.
1-HOUR HALT
After 2 p.m.
MARKET CLOSES
--------------------------------------------------------------------------------
In the event of a 4000-POINT decline in the DJIA (30 percent), regardless of the time, MARKET CLOSES for the day.
NYSE Circuit Breakers
In response to the market breaks in October 1987 and October 1989 the New York Stock Exchange instituted circuit breakers to reduce volatility and promote investor confidence. By implementing a pause in trading, investors are given time to assimilate incoming information and the ability to make informed choices during periods of high market volatility.
Rule 80B
Effective April 15, 1998 the SEC approved amendments to Rule 80B (Trading Halts Due to Extraordinary Market Volatility) which revised the halt provisions and the circuit-breaker levels. The trigger levels for a market-wide trading halt were set at 10%, 20% and 30% of the DJIA, calculated at the beginning of each calendar quarter, using the average closing value of the DJIA for the prior month, thereby establishing specific point values for the quarter. Each trigger value is rounded to the nearest 50 points.
The halt for a 10% decline would be one hour if it occurred before 2 p.m., and for 30 minutes if it occurred between 2 and 2:30, but would not halt trading at all after 2:30. The halt for a 20% decline would be two hours if it occurred before 1 p.m., and between 1 p.m. and 2 p.m. for one hour, and close the market for the rest of the day after 2 p.m. If the market declined by 30%, at any time, trading would be halted for the remainder of the day.
Under the previous Rule 80B trigger points (in effect since October 19, 1988) for a market-wide trading halt, a decline of 350 points in the DJIA would halt trading for 30 minutes and a drop of 550 points one hour. These trigger points were hit only once on October 27, 1997, when the DJIA was down 350 at 2:35 p.m. and 550 at 3:30, shutting the market for the remainder of the day.
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Pics glad to see you back, here is what I found, the following was put into effect after Black Friday October 17, 1988. I worked in commodities at that time and the biggest margin call I ever wrote was due to that day (over 500K US dollars). I cut a pasted the rule but here is the link
http://apps.nyse.com/commdata/PubInfoMemos.nsf/0/85256FCB005E19E885257124006C089F/$FILE/Microsoft%20Word%20-%20Document%20in%2088-29.pdf
Trading Halts Due to Extraordinary Market Volatility (Rule 80B)
Procedures for coordinated "circuit breakers" that would be triggered at pre-designated
price movements will be implemented during a one year pilot program. Basically, equity
trading would be halted for one hour if the Dow Jones Industrial Average ("DJIA")* falls
250 points or more below its closing value on the previous trading day, and if on the
same day, the average subsequently reaches a value of 400 points or more below that
closing value, trading in all stocks will be halted for two hours.
If the 250 point trigger is reached between one hour and one-half hour before the
scheduled closing, or the 400 point trigger is reached between two hours and one hour
before the scheduled closing, the Exchange may use abbreviated reopening procedures
either to permit trading to reopen before the scheduled closing or to establish closing
prices. In any case where the "circuit breaker" procedure is implemented, reopening
procedures to resume trading shall be conducted pursuant to Exchange procedures
communicated to its members and member organizations.
The trading halt procedures described above are set forth in new Rule 80B, which is
attached as Exhibit C. These procedures will also be applicable to NYSE options
trading through revisions to Rules 717 and 750, which are set forth in Exhibit D. The
provisions of rule 80B do not apply to the trading of non-convertible debt including all
issues traded via the Automated Bond System3.
(Effective with SEC approval, the Exchange will issue another circular on new
Guidelines it has developed for indications on price changes on openings and
reopenings, in normal trading conditions, as well as when "sidecar" and "circuit breaker"
procedures are activated.)
http://apps.nyse.com/commdata/PubInfoMemos.nsf/0/85256FCB005E19E885257124006C089F/$FILE/Microsoft%20Word%20-%20Document%20in%2088-29.pdf
Trading Halts Due to Extraordinary Market Volatility (Rule 80B)
Procedures for coordinated "circuit breakers" that would be triggered at pre-designated
price movements will be implemented during a one year pilot program. Basically, equity
trading would be halted for one hour if the Dow Jones Industrial Average ("DJIA")* falls
250 points or more below its closing value on the previous trading day, and if on the
same day, the average subsequently reaches a value of 400 points or more below that
closing value, trading in all stocks will be halted for two hours.
If the 250 point trigger is reached between one hour and one-half hour before the
scheduled closing, or the 400 point trigger is reached between two hours and one hour
before the scheduled closing, the Exchange may use abbreviated reopening procedures
either to permit trading to reopen before the scheduled closing or to establish closing
prices. In any case where the "circuit breaker" procedure is implemented, reopening
procedures to resume trading shall be conducted pursuant to Exchange procedures
communicated to its members and member organizations.
The trading halt procedures described above are set forth in new Rule 80B, which is
attached as Exhibit C. These procedures will also be applicable to NYSE options
trading through revisions to Rules 717 and 750, which are set forth in Exhibit D. The
provisions of rule 80B do not apply to the trading of non-convertible debt including all
issues traded via the Automated Bond System3.
(Effective with SEC approval, the Exchange will issue another circular on new
Guidelines it has developed for indications on price changes on openings and
reopenings, in normal trading conditions, as well as when "sidecar" and "circuit breaker"
procedures are activated.)
Pics you can't leave us, there are those of us who do this for fun, i don't care where I end up I am just glad to play the game. for those who complain about cheating I say get a life, this is for fun and has no real bearing on real life. people just need to lighten up, you are fun to talk to and great to play the game with, besides if bluesea comes back who will beat him down...don't go away...
I like this format the best, because then it truly is a crap shoot and the odds are better to make a quick buck
well Shadow as a long shot yesterday evening I took the 12100 and over, but if only it was always that easy and if only I would bet more then 100. Got burned on large bets back in February and have been slowly working my way up am almost in the top 100 wahoo... as for the earlier comment someone posted a you-tube link and I went and looked at it and it was a real slam on Obama (not a fan of his anyway) just felt it didn't belong here. when I came back later saw the link was missing and didn't want Infernal to think I was dissing him.
my interesting comment above has nothing to do with Infernal's paint drying comment, someone had posted a you-tube link about Obama, looks like admin took it off. glad the lottery question is back I love it and made good money on it. wahoo rally rally rally....
not sure why blueseamiami is on that list, he hasn't played with us in a while and if you look at his profile he only has H$669. I think his gaming of the system was found out and now he won't man up an play fair with us.
The only issue I have with Unitas is watching him struggle to play with San Diego his last year, it's better that Favre goes out 1 year to soon then 1 year to late.
I am glad that you are not a Bears or Vikings fan, because then I would have to not like you, but I like the Ravens even picked them the year they won the Superbowl, and the Browns are fun to watch also.
It's hard to say, Rodgers did very well against the Cowboys, but he is not as tough as Favre, no matter who took over they have big shoes to fill, Brady is very much like Favre in his early days, and let me tell you watching him play then was like watching magic, you could tell then and even now he was in it for the love of the game, why else would you stay in the smallest town in the league if you didn't love the game. I do agree with you though that Unitas is #1 but Favre is right behind him.
It's hard to say, Rodgers did very well against the Cowboys, but he is not as tough as Favre, no matter who took over they have big shoes to fill, Brady is very much like Favre in his early days, and let me tell you watching him play then was like watching magic, you could tell then and even now he was in it for the love of the game, why else would you stay in the smallest town in the league if you didn't love the game. I do agree with you though that Unitas is #1 but Favre is right behind him.
donal, I got it right, now it may not be fair because I live in Wisconsin. But I made good money on this question.
take this in the spirit of good fun, but you must be a Bears or Vikings fan. You will may never see another quarterback that can play every game for 17 straight years.
It looks like it's over.... Thanks for 17 wonderful years. The greatest to ever play the game
http://sports.espn.go.com/nfl/news/story?id=3276034
http://sports.espn.go.com/nfl/news/story?id=3276034
badabum