least hes making some tough decisions , short term pain
WOW that is going to seriously hurt the airline industry !
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Limit down on the futures is only 5%, not far off the current 800 fall, (about 1200 fall). If the futures hit that limit in the next few hours that's a very ominous sign for the US market tomorrow !
Circut breakers on the physical trading market on US markets are 7% downward movement in S&P 500 - 15 minute suspension, 13% downward movement, another 15 minute suspension and below that if the S&P 500 falls 20% trading is suspended for the rest of the day.
Edit - We are not far off limit down on the futures now at just over 1000 points down on the DOW !
Last edited by Beagle; 12-03-2020 at 03:11 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Trump just suspended all travel from Europe for 30 days (excl UK). That's gonna hurt.
Actually the travel ban extends to the 26 Schengen area EU countries.
Ireland, Cyprus, Bulgaria etc. as well as UK are not (or were not in the case of the UK) in the Schengen zone. And of course Norway and Switzerland are outside the EU along with other European countries.
Originally Posted by bull....
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