MJ DeMarco
I followed the science; all I found was money.
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
LEGACY MEMBER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Market opened down 7% ... a complete shit show, and trading continues to be halted as circuit breakers trip.
Marketwatch.com (financial news) also keeps going down.
Here are the price levels:
Based on the market regulations, the following circuit breaker rules will apply for today if met: Based on SPX prices: Level 1 - (7% decline) 15 minute trading halt Level 2 - (13% decline) 15 minute trading halt Level 3 - (20% decline) Trading suspended for the day.
More info:
Of note, if the SPY hits -600, trading for the day is closed -- I don't remember that ever happening in history, perhaps back in the depression crash.
Folks, this could be THE BIG ONE, one that would be remembered for decades.
Marketwatch.com (financial news) also keeps going down.
Here are the price levels:
Based on the market regulations, the following circuit breaker rules will apply for today if met: Based on SPX prices: Level 1 - (7% decline) 15 minute trading halt Level 2 - (13% decline) 15 minute trading halt Level 3 - (20% decline) Trading suspended for the day.
More info:
The market triggered a 'circuit breaker' that kept stocks from falling through the floor. Here's what you need to know
With stocks looking set to open sharply lower, investors will be watching for more market circuit breakers that can halt trading.
www.cnbc.com
These circuit breakers have never been triggered in their current form during regular trading hours. The prior circuit breaker system was revamped after it failed to prevent the May 2010 flash crash. The current set of breakers were put into effect in February 2013.
Of note, if the SPY hits -600, trading for the day is closed -- I don't remember that ever happening in history, perhaps back in the depression crash.
Folks, this could be THE BIG ONE, one that would be remembered for decades.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today