Mar

16

Amid all the records of Friday, March 14, and the carnage, I noted the S&P futures range of 45 points in the first half hour from 1325 to 1280, and the range of 50 for the day, and wondered if this were a record. But I quickly ascertained that this was only the 25 th largest point-wise range since 1995 and that the biggest were:

Ranges

The 25 biggest were clustered in 2000 with six that year, and none between 07 24 2002 and 02 27 2007; the latter date was in retrospect the start of the carnage, with S&P futures closing 10% above today at 1445, rollover-adjusted.


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