11:35 Dow down 112. It will test 10,500 drop below 10500 and not return to this region until end of 1st quarter 2000

-- 8 (8@8.com), October 12, 1999

Answers

You are an extremely optimistic person.

-- TrustHim (ItComes@Soon.now), October 12, 1999.

What goes up must come down.

(Reuters) - The New York Stock Exchange said it imposed program trading curbs in late Tuesday after the Dow Jones industrial average lost more than 214 points amid concern about earnings and interest rates.

The Dow was down 209 points or 1.96 percent, at 10,439.

The exchange imposes curbs whenever the Dow rises or fall 210 points.

Analysts said investors stepped up their selling on fears that some companies will fail to meet Wall Street's unusually high expectations for third quarter earnings.

``I think we have seen in the past couple of years expectations being surpassed so often that the expectations themselves become very unrealistic,'' said Peggy Farley, president of Ascent/Meredith Asset Management Inc.

The Nasdaq Composite index lost 43 points, or 1.49 percent, at 2,872, a day after posting a record close of 2,915.

The Standard & Poor's 500 index was down 23 points, or 1.73 percent, at 1,312. Reut15:52 10-12-99

-- y2k dave (xsdaa111@hotmail.com), October 12, 1999.

This thread discusses the new market curbs in some detail:

STOP GAPS...

-- Mac (sneak@lurk.hid), October 12, 1999.