Is it all but psychological for the market to tumble today? Most
likely: yes.
Investors knew the earnings weren't that good (with the exception of
GOOG, of course), but overreacted with selloffs.
I think this opens wide the door opportunity to enter the market on
the dip.
NINE is a bargain.

I agree.   A lot of people decided it was a good time to collect 50%
of their gains from the rally which went from 3.5 to 7.2 at the top,
that gives a midpoint of  5.37.  The stock has been oscillating
between 5.17 when tons of people jump in and buy, and 6.05 when a lot
of late comers either bail out or cash in some of the profits.  My
guess is that this stock will continue to oscillate between 5.2 and
5.5 for a couple of weeks and then it will start to trend up.

The alibaba IPO should help.  I think it is good that eventhough the
american markets have been tanking for the last week, the stock was
able to hold its resistance...which gives, that if things were to get
better, then the stock should start do better as well.   Earnings
wise, nine has been kinda a dissapointing, this is definetively an
"expectations" stock, because valuation gives a $3.5 price.   Also
there is concern of overvaluation in chinese stocks... JRJC for
example was trading at 900 P/E....insane.

I am confident the Fed will step up and not let the markets eat it,
then the holidays is a good season for exports, expectations improve,
etc.  For December, the options are placing bets around $7.5.
Averaging optimists and pessimists, I would expect to see at least a
$6.5 by years end.

NINE
-------

October:      $5.57
November:   $6.77
December:   $6.36