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Hi,
I have noticed it also. But I also noticed that in March, S&P went 2 limits
down (i.e. 100+ pts.).
So, I am not sure about this!
Nilesh.
>From: "Randall Kurzon" <rkurzon@xxxxxxx>
>Reply-To: realtraders@xxxxxxxxxxx
>To: "Real Traders" <realtraders@xxxxxxxxxxx>
>Subject: [RT] Limit Down Bounce
>Date: Thu, 26 Oct 2000 10:57:02 -0400
>
>I have noticed that almost every time the SP or the ND are halted at limit
>down it is followed by a bounce. I've been watching that for the last 5
>years and as far as I can remember there have been very, very few times it
>does not bounce. Any comments as to the reliability of entering a position
>right after the market starts trading again from limit down?
>
>Randall
>
>
>
>
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