history of stock exchange closings

Its a significant risk. Here are a list of additional 'breaks' (usually due to halts)

upload_2017-2-17_12-4-21.png


This paper shows that markets tend to antecipate those closures to SOME extent
https://faculty.fuqua.duke.edu/~charvey/Teaching/IntesaBci_2001/GJ_Global.pdf

But still, its a significant risk but the truth is no one knows really when the next closure/halt/suspension will occur
 
IIRC Greenspan said (in his 07 book) that a stock market shutdown was considered during the 87 crash. There was also the 9/11 ~week long shutdown. One would imagine that if the terrorist attack were worse, the shutdown probably would have lasted longer.
I'm not sure if the NYSE adapted to terrorism, I recall reading they have backup centers outside the main location now
 
Daal said:
IIRC Greenspan said (in his 07 book) that a stock market shutdown was considered during the 87 crash. There was also the 9/11 ~week long shutdown. One would imagine that if the terrorist attack were worse, the shutdown probably would have lasted longer.
I'm not sure if the NYSE adapted to terrorism, I recall reading they have backup centers outside the main location now
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I think they have. 9/11 shutdown marked the monthly/yearly low in about a 52 week/+ downtrend. NYSE has shut for a period of prayer + fasting even though google says it can not find it. As noted before,good thing the enemies did not know much tek analysis- they helped accidently put in a 52 weeks/+ monthly low.
 
murray t turtle said:
%%
I think they have. 9/11 shutdown marked the monthly/yearly low in about a 52 week/+ downtrend. NYSE has shut for a period of prayer + fasting even though google says it can not find it. As noted before,good thing the enemies did not know much tek analysis- they helped accidently put in a 52 weeks/+ monthly low.
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A more sane argument is that exchanges get shut down when the stocks have declined significantly, not that market predicts the closure of the exchange :)
 
sle said:
A more sane argument is that exchanges get shut down when the stocks have declined significantly, not that market predicts the closure of the exchange :)
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At least he's being consistent, that line of thinking is the logical conclusion of a TA mindset. Apparently you can not only predict future prices from the upside down tea kettle stuck on the head and shoulders, but also major world events!
 
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