The case for things to come?

The SEC is changing its Circut Braker Thresholds and lowering them in the event of high volatility, please see below

SEC is now proposing

The proposals would revise the existing market-wide circuit breakers by:

Reducing the market decline percentage thresholds necessary to
trigger a circuit breaker from 10, 20, and 30 percent to 7, 13, and 20
percent from the prior day’s closing price.

Shortening the duration of the resulting trading halts that do not
close the market for the day from 30, 60, or 120 minutes to 15 minutes.

Simplifying the structure of the circuit breakers so that rather
than six there are only two relevant trigger time periods — those that
occur before 3:25 p.m. and those that occur on or after 3:25 p.m.

Using the broader S&P 500 Index as the pricing reference to
measure a market decline, rather than the Dow Jones Industrial Average.

Providing that the trigger thresholds are to be recalculated daily rather than quarterly.

www.zerohedge.com...

So is this a sign of a crash to come? what is the SEC being told and why are they making these changes

reply to post by camaro68ss


They have to get everything in place before they announce officially that Greece will default. I also did not like how the Euro Central Bank sold off 1.1 metric tonnes of gold today, just after the metals markets sold off last week.

Originally posted by SpaDe_
reply to post by camaro68ss

 

They have to get everything in place before they announce officially that Greece will default. I also did not like how the Euro Central Bank sold off 1.1 metric tonnes of gold today, just after the metals markets sold off last week.

This is so crazy, everyone know the market is going to crash yet the stock market keeps going up. the signs are everywhere. but hey if there is money to be made NOW, then there is money to be made i guess.

The next few weeks are going to be fun!

I think this is more of an answer to high frequency traders. They use computers to fire off millions of trades a second. Just one bad program glitch can bring the market crashing down.

Originally posted by lokdog
I think this is more of an answer to high frequency traders. They use computers to fire off millions of trades a second. Just one bad program glitch can bring the market crashing down.

I think this is more of an answer to slow down the fall of the markets as best as they can when SHTF!

reply to post by camaro68ss


I've been carefully watching the markets, and I think the smart money is slowly pulling out. The market swings now are just on hopes. They all know that the Euro zone is in more trouble than they can throw money at, but every time a new idea emerges they eat it up like candy. The big problem here is, sometime in the near future they are going to have to implement one of these ideas, and only then will the cat be out of the bag.