Cramer predicts DOW 4700 by Tuesday (1995ish levels)

[Mark Holmes]

The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt. If that point is reached before 2 p.m., the market would shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops will take place if the plunge occurs after 2:30 p.m.

Based on Thursday’s Dow close of 8,579, the threshhold number to cause the market stop in one day would be 7,479.

If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.

In the event of a 3,350-point decline, the market would close for the day, regardless of the time.

The thresholds are computed at the beginning of each quarter to establish a specific point value for the quarter. The 1,100-point drop represented a 10 percent decline at that time; the 2,200 level, a 20 percent drop and the 3,350 level is a 30 percent drop.

The rules would halt trading on the major securities and futures exchanges in a coordinated cross-market halt if the circuit breaker is enacted.

Source: http://www.kansascity.com/438/story/834323.html

[stockstradr]

If Cramer said that, then I see it as a sure sign the market will turn around (for a Fool’s Rally only) instead of fall to the depths he envisions.

Cramer’s a moron.

He’s a contrarian indicator, without knowing it. Take the INVERSE of his advice, then it MIGHT be valuable.

Cramer is the 1979 Business Week cover “The Death of Equities.” (as stocks were on the verge of a historic bull market lasting until 1999.)

Cramer is the optimistic TIME magazine cover (June 13, 2005) at the peak of the real estate bubble, titled “Home Sweet Home”

[stockstradr]

If Cramer said that, then I see it as a sure sign the market will turn around (for a Fool’s Rally only) instead of fall to the depths he envisions.

Cramer’s a moron.

He’s a contrarian indicator, without knowing it. Take the INVERSE of his advice, then it MIGHT be valuable.

Cramer is the 1979 Business Week cover “The Death of Equities.” (as stocks were on the verge of a historic bull market lasting until 1999.)

Cramer is the optimistic TIME magazine cover (June 13, 2005) at the peak of the real estate bubble, titled “Home Sweet Home”

[stockstradr]

If Cramer said that, then I see it as a sure sign the market will turn around (for a Fool’s Rally only) instead of fall to the depths he envisions.

Cramer’s a moron.

He’s a contrarian indicator, without knowing it. Take the INVERSE of his advice, then it MIGHT be valuable.

Cramer is the 1979 Business Week cover “The Death of Equities.” (as stocks were on the verge of a historic bull market lasting until 1999.)

Cramer is the optimistic TIME magazine cover (June 13, 2005) at the peak of the real estate bubble, titled “Home Sweet Home”

[stockstradr]

If Cramer said that, then I see it as a sure sign the market will turn around (for a Fool’s Rally only) instead of fall to the depths he envisions.

Cramer’s a moron.

He’s a contrarian indicator, without knowing it. Take the INVERSE of his advice, then it MIGHT be valuable.

Cramer is the 1979 Business Week cover “The Death of Equities.” (as stocks were on the verge of a historic bull market lasting until 1999.)

Cramer is the optimistic TIME magazine cover (June 13, 2005) at the peak of the real estate bubble, titled “Home Sweet Home”

[stockstradr]

If Cramer said that, then I see it as a sure sign the market will turn around (for a Fool’s Rally only) instead of fall to the depths he envisions.

Cramer’s a moron.

He’s a contrarian indicator, without knowing it. Take the INVERSE of his advice, then it MIGHT be valuable.

Cramer is the 1979 Business Week cover “The Death of Equities.” (as stocks were on the verge of a historic bull market lasting until 1999.)

Cramer is the optimistic TIME magazine cover (June 13, 2005) at the peak of the real estate bubble, titled “Home Sweet Home”

[peterb]

stockstradr–WORD on Creamer!!!

[peterb]

stockstradr–WORD on Creamer!!!

[peterb]

stockstradr–WORD on Creamer!!!

[peterb]

stockstradr–WORD on Creamer!!!

[peterb]

stockstradr–WORD on Creamer!!!

[jficquette]

[quote=SD Realtor]Hmmm… kind of hard to see that large a drop in two days when the automated stopgaps kick in at an 1100 point drop. Not sure if those will be changed but I think the variable drop is set to 1100 right now. Someone can correct me on that. [/quote]

Here are the rules:

http://www.nyse.com/press/circuit_breakers.html

Dow can drop 3350 in one day if the decline happens before 2 pm Eastern.

[jficquette]

[quote=SD Realtor]Hmmm… kind of hard to see that large a drop in two days when the automated stopgaps kick in at an 1100 point drop. Not sure if those will be changed but I think the variable drop is set to 1100 right now. Someone can correct me on that. [/quote]

Here are the rules:

http://www.nyse.com/press/circuit_breakers.html

Dow can drop 3350 in one day if the decline happens before 2 pm Eastern.

[jficquette]

[quote=SD Realtor]Hmmm… kind of hard to see that large a drop in two days when the automated stopgaps kick in at an 1100 point drop. Not sure if those will be changed but I think the variable drop is set to 1100 right now. Someone can correct me on that. [/quote]

Here are the rules:

http://www.nyse.com/press/circuit_breakers.html

Dow can drop 3350 in one day if the decline happens before 2 pm Eastern.

[jficquette]

[quote=SD Realtor]Hmmm… kind of hard to see that large a drop in two days when the automated stopgaps kick in at an 1100 point drop. Not sure if those will be changed but I think the variable drop is set to 1100 right now. Someone can correct me on that. [/quote]

Here are the rules:

http://www.nyse.com/press/circuit_breakers.html

Dow can drop 3350 in one day if the decline happens before 2 pm Eastern.

[Author]

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