NYSE closing either TUES or WED

I'm trying to figure out how this will be exploited(you know it will) and how best to position.

 

Bob Pisani on CNBC addressed this directly. There is no such law. It may be a preference, but not a law.

I think it's a 60% chance we'll be open. Pisani said he couldn't get a straight answer out of the NYSE on this question, when the stock market has always been closed before for a Presidential funeral. This probably means NYSE officials are now huddling-up to create the least-offensive reason for keeping the markets open. I think it makes Ford look like half a President.

 

Well NYSE is now a public company, shareholder interests should come first.

If they are consistent with this policy going forward then it should be no offence to Ford.

 

yea they said the chance of 4 days off is nearly impossible but who knows. Its not a law..

 

I called the exchange earlier, "we won't make a decision until funeral arrangements are made" is what they told me.

 

go long and hold.

 

Looks like the arrangements are for this Friday. What are the chances for NYSE closing ?

 

There is a ZERO percent chance of the NYSE closing the last trading day of the year.

There was talk of a 1/2 day on the puppethead channel earlier.

 

funeral is on sat evening, and services on tues.... not sure if that affects the market

 

NYSE should be announcing tommorow
whether they will modify schedule.

----------------------------------------------

Official Schedule - Gerald R. Ford State Funeral
Wednesday, December 27, 2006
Military District of Washington
Print Page




Number: 38-04
Date: December 27, 2006
***OFFICIAL SCHEDULE***

GERALD R. FORD STATE FUNERAL

38th PRESIDENT OF THE UNITED STATES

FORT LESLEY J. MCNAIR, D.C. - The family of President Gerald R. Ford, 38th President of the United States, has announced the official schedule of President Ford’s state funeral and the related services and ceremonies. The funeral and other services will occur in three stages. Stage One will occur in Palm Desert, Calif., Stage Two will occur in Washington, D.C. and Stage Three will occur in Grand Rapids, Mich.



STAGE ONE – California Portion of the State Funeral

President Ford’s remains will be received with military ceremony at St. Margaret’s Episcopal Church, Palm Desert, Calif., approximately 12:20 p.m. PDT/PST, Friday, Dec. 29.

After the arrival ceremony and a private family prayer service and visitation, the remains will lie in repose at St. Margaret’s Episcopal Church from 9 a.m. Saturday, Dec. 30, until approximately 9:45 a.m. PDT/PST. A Guard of Honor will attend the remains while in repose. The public is invited to attend this repose at St. Margaret’s Episcopal Church.

The remains of President Ford will depart the church with ceremony at

OFFICIAL SCHEDULE 2/2/2

approximately 9:45 a.m. PDT/PST, Saturday, Dec. 30, and be transported to Palm Springs Regional Airport. The public is invited to pay their respects along the motorcade route. The remains will depart the airport with ceremony at approximately 10:15 a.m. PDT/PST and be flown to Andrews Air Force Base, Md. This will conclude the ceremonies in California.



STAGE TWO – Washington Portion of the State Funeral

1. President Ford’s remains will arrive with ceremony at Andrews Air Force Base, Md., Saturday, Dec. 30, at approximately 5:20 p.m. EDT/EST.

2. En route to the U.S. Capitol, the motorcade will travel through Alexandria, Va., in remembrance of President Ford’s long residence in that city as a Congressman and as Vice President of the United States.

3. The motorcade will pause at the World War II Memorial located on the National Mall at 17th Street, between Constitution and Independence Avenues at approximately 5:35 p.m. EDT/EST, Saturday, Dec. 30. World War II and other veterans, as well as the public, are invited to attend this tribute.

4. The motorcade will then proceed to the U.S. Capitol and be received with ceremony at approximately 6:30 p.m. EDT/EST, at the East Steps to the U.S. House of Representatives. President Ford’s casket will proceed up the East House Steps on the East Capitol Plaza in honor of his 24 years as a U.S. Congressman. His remains will be met by a group of his former House colleagues. His casket will lie in repose at the open House doors honoring his time in Congress. The casket will then be carried through Statuary Hall. His remains will then move to the Rotunda for the Lying in State portion of the state funeral. President Ford’s remains will lie in state with a Guard of Honor until 9:15 a.m. EDT/EST, Tuesday, Jan. 2. Public viewing will be allowed during this time.

5. At approximately 9:30 a.m. EDT/EST, Tuesday, Jan. 2, the remains will

OFFICIAL SCHEDULE 3/3/3

depart the Rotunda and rest at the closed Senate doors in honor of his service as the Vice President of the United States and President of the Senate. The motorcade will then proceed to the Washington National Cathedral, passing the White House en route.

6. At approximately 10 a.m. EDT/EST, President Ford’s remains will be received with ceremony at the Washington National Cathedral. A national funeral service will then be conducted at approximately 10:30 a.m. EDT/EST.

7. Following the service, the remains will depart with ceremony from Washington National Cathedral at approximately 11:30 a.m. EDT/EST. A motorcade will transport the casket from the cathedral to Andrews Air Force Base, Md., for a departure ceremony at approximately 12:15 p.m. EDT/EST.

This concludes ceremonies in Washington, D.C.



STAGE THREE – Michigan Portion of the State Funeral

President Ford’s remains will arrive from Andrews Air Force Base, Md., and be received with ceremony at Gerald R. Ford International Airport, Grand Rapids, Mich., at approximately 2:15 p.m. EDT/EST, Tuesday, Jan 2.

His casket will then be moved by motorcade to the Gerald R. Ford Presidential Museum, Grand Rapids, Mich., for a brief private service. During the service, wreaths will be placed at the casket by the presidents of Yale University and the University of Michigan in honor of President Ford’s law degree and undergraduate degree, from those institutions respectively. Following the service, President Ford’s remains will lie in repose until 3:30 p.m. EST/EDT, Tuesday, Jan. 2. The public is invited to pay their respects at the museum during repose.

President Ford’s remains will depart the museum with ceremony at approximately 1 p.m. EST/EDT, Wednesday, Jan. 3, and proceed to Grace Episcopal Church, Grand

OFFICIAL SCHEDULE 4/4/4

Rapids, Mich., for a private funeral service for invited guests only.

President Ford’s remains will be received at the church with ceremony at approximately 1:30 p.m. EST/EDT. Following the service, the remains will depart the church with ceremony at approximately 3 p.m. EDT/EST and proceed to the Gerald R. Ford Presidential Museum for a private interment service.

The casket will arrive with ceremony at the museum for a private interment service at approximately 3:30 p.m. EDT/EST. The private interment service will be conducted immediately following the arrival ceremony.

This will conclude the funeral schedule for President Gerald R. Ford.

http://www.mdw.army.mil/content/anmviewer.asp?a=1810&z=71