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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: abuelita who wrote (72637)2/27/2010 2:39:03 PM
From: Gib Bogle  Read Replies (1) of 74559
 
I find it bizarre that they are warning people to stay away from the water all around NZ after the Peruvians have already called off their tsunami warning. Roughly speaking the energy of a wave like this decays as the square of distance, which implies that the coast of Peru is enormously more vulnerable than NZ's to this quake. Distance is not the only factor, but it's a major one.
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