Quote from T-REX:
I COULD JUST TELL YOU SINCE I WAS WORKING ON WALL STREET AT THE TIME. THE ES, NQ & YM FUTURES WERE MOVING SLIGHTLY HIGHER AS IF THE MARKET WAS GOING TO OPEN HIGHER AT 9:30AM EST NYSE OPEN. HOWEVER ONCE THE 1ST PLANE HIT MARKETS KINDA STOOD STILL A BIT THEN ONCE THE 2ND PLANE HIT AND THE NOW DECEASED NEWS ANCOR AT CNBC SHOUTED "WE ARE UNDER ATTACK"........"THAT WAS NO ACCIDENT". (HE WAS THE 1ST IN THE MAINSTREAM MEDIA TO MAKE THAT ANNOUNCEMENT!) THE FUTURES WHEN LIMIT DOWN. BACK IN THOSE DAYS THE FUTURES HAD CIRCUIT BREAKER LIMITS WHERE THE MARKET WOULD HALT TRADING FOR ABOUT 5 MINUTES THEN RESUME TRADING. IF MY MEMORY SERVES ME CORRECTLY IT WAS SOMETHING LIKE 300 POINTS IN THE DOW AND 65 POINTS IN THE ES & NQ FUTURES. SO THE MARKETS STAYED LIMIT DOWN FOR OVER FIVE MINUTES. THEN AFTER ABOUT 15 MINUTES OR SO THEY WERE LET OFF LIMIT AND PROCEEDED TO CRASH. IF MY MEMORY SERVES ME CORRECT THE FUTURES WENT LOCK LIMIT (THERE REALLY WAS NO LOCK LIMIT BUT THIS IS WERE THEY LOCKED UP AND CEASED TRADING). THE DOW WAS LIKE DOWN 600 PTS, ES & NQ WERE DOWN OVER 100 POINTS. ALL THE FOREX CURRENCIES WENT BALLISTIC! THE BRITISH POUND WAS OFF THE CHARTS. SOMETHING LIKE $10,000 FOR EVERY US DOLLAR. GOLD AND SILVER WENT PRICELESS AND ALL CHARTS WERE LITERALLY OF THE CHARTS! THEN WITHOUT WARNING THE HEAD OF THE NYSE CAME ON TV AND SAID THAT'S IT! STOP TRADING! THE US MARKETS WERE CLOSED IMMEDIATELY AND ALL ORDERS WERE BUSTED AND ERASED AS IF IT NEVER HAPPENED. THAT'S WHY ITS DIFFICULT IF NOT NEAR TO IMPOSSIBLE TO FIND ACTUAL CHARTS FROM THAT PERIOD!
IM SURE MOST PEOPLE FORGOT THAT TOO.
