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fwiw

http://www.marketwatch.com/story/heres-what-it-takes-to-trigger-stock-market-circuit-breakers-2015-0...

 

Highly unlikely to come into play today but worth revisiting circuit breakers on the S and P 500.

 

Takes 7%, or nearly 140 points to trigger the first one- currently only down about 45.

 

My fear is that Da Boyz got caught holding a lot of inventory from the year end ramp job and didn;t have time to dump it onto widows and orphans.

 

No suckers to slip the Old Maid to.

 

I guess that the ultimate sucker is the gubmint. The existence of a PPT was generally treated as a conspiracy theory until in 2008 when Paulson reminded "the market" that he had the ultimate weapon. That didn't turn out real well.

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