Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Today, trading was automatically suspended for 15 minutes when the S&P 500® Index dropped 7%. This "circuit breaker" generally performed as intended: it reduced panic sell-off and encouraged orderly trading.