9000

can someone make a chart and show what people saw at 9000? Jesse J. and marketsurfer both had 9000 for a target. ES also divebombed, starting around 2:30 today. someone explain what happened.
 
Millenial number coinciding with the most overbought readings in 5 years. Profit taking.

Nasdaq also hit the 50% retracement (1604) of 02 high to low.

Rumour of SARS in WHite House, but as usual, people rush to find an explanation for market's activities.
 
Quote from dgabriel:

...but as usual, people rush to find an explanation for market's activities.
yeah, that annoys me. i can't stand listening to market news after the close when people explain why everything happened.

my reason for starting this thread is to find out the reasons people had 9000 has a target area before it actually turned out to be a good one.

for example, marketsurfer said he exited his longs around 9000 before it divebombed. i'm interesting in knowing why he exited there.
 
Quote from FRuiTY PeBBLe:


yeah, that annoys me. i can't stand listening to market news after the close when people explain why everything happened.

my reason for starting this thread is to find out the reasons people had 9000 has a target area before it actually turned out to be a good one.

for example, marketsurfer said he exited his longs around 9000 before it divebombed. i'm interesting in knowing why he exited there.

He wanted to bag the profits, and stuck to his analysis.

Maybe 9200 will be next, who knows?
 
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