They need to shut the market down NOW

[bluestateguy]

Everybody on Wall Street needs to take a chill pill, get laid and just calm down.

Shut it down.

[DJ13]

1. Its already 200 points off the low

Its so manipulated in recent years it cant crash unless the government wants it to crash.

[Skink]

3. what was the low?

[DJ13]

6. About -680

Its now around -490.

[TwilightGardener]

2. Don't they shut it down if it drops to a certain point? I thought I read that somewhere.

[1corona4u]

4. Yes, they can, but I still think we're not done for the day.

We'll have to see where it settles out.

[dbmk]

17. Info here

http://www.investopedia.com/ask/answers/07/circuitbreaker.asp

[frickaline]

5. Does make you wonder why it wasn't shut down

incompetence or politics (or both?)

[elehhhhna]

8. MIHOP. No reason not to implement trading curbs or suspend trading.

[Pathwalker]

7. They said last week on CNBC it must go down over 750 pt.s now

to stop the trading - the talking heads were worried this might happen.

[crankychatter]

9. Didn't they do that in '29, and it just continued collapsing the next day?

I thought I read that somewhere.

[crankychatter]

10. delete dupe (jeebus) nt

[ellacott]

11. Wasn't there something set up where the markets would automatically shut down?

I thought there was something to prevent the markets from spiral out of control

[crossroads]

12. Yes! Take a breather everyone! nt

[Occam Bandage]

13. Even if they smoke a joint while getting head, it doesn't change the fact that

the finance industry is collapsing and Washington is paralyzed.

[crossroads]

14. Yes! Take a breather everyone! nt

[crossroads]

15. Yes! Take a breather everyone! nt

[WorseBeforeBetter]

16. And the alarmist 'calamity' and 'crisis' talk is not helping.

The newsbunnies are pleading that the bill pass.

Wow. Contessa just made some sense, but blondie is really working my nerves.

[anigbrowl]

18. There's already a shutdown mechanism

Trading is halted if there's a drop of 750. Take a chill pill, likelihood is that market pressures are going to push it below 10,000 this week.

[VolcanoJen]

19. Not until it hits -700

Which, of course, it still could, with news that there will not be a second vote on the bill today, per CNBC quoting Dem leadership.

[AlCzervik]

20. when it loses 1200 points it suspends, let's not hope for that thanks.