Replies to post #124608 on Biotech Values

[gym gravity]

Is anyone suprised that we haven't seen or heard much of circuit breakers or "limit down" talk?

Have circuit breakers changed?

Have the computers smoothed the trading on this downdraft to keep it from limiting?


nevermind... just looked it up:

http://usequities.nyx.com/markets/nyse-equities/circuit-breakers

[JJM760]

bottoms are hard to call

things needed and not yet seen

! gas under $3

2 housing values up

3 jobs

4 GDP 4%+

Let me get this straight, you think that those four criteria need to be met in order for the market to bottom? Good luck waiting for that.

In light of this 2 trillion dollar calculation error (as well as S&P's masterful valuing in 2008, I find it hard to take their downgrade very serious. They have become an insignificant bunch of clowns.

Just ridiculous that the institutions have had a heads up and have been able to unload en masse.