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Strategies & Market Trends : Sharck Soup

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To: Softechie who wrote (35028)9/11/2001 4:45:36 PM
From: American Spirit  Read Replies (1) of 37746
 
The market is closed until Thursday at least. By then things will simmer down. Companies with offices in the WTC will unfortunately be taken way down, double punishment.
Oil and gold will go up, esp oil, so I may sell my 35% oil-gas stocks at a peak of some kind. Security stocks will go up. Airlines again doubly punished. The travel industry will get hit hard. Bush's Star Wars will die now. It cannot defend us against this. So any companies there will fall.
The financial industry will take a hit. High-tech actually may stay even as more high tech equipment will be needed to build a larger intelligence network. WHoever insures the WTC will also take a big hit. Some shorts may want to jump on the indexes but it will be whipsaw battle and any gains will be short-lived. They say after the JFK assassination the markets popped right back after the day of the killing and two days of market closure. Anyone who shorted there after the fact got squeezed to death.
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