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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE]
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To: Mighty_Mezz who wrote (2875)8/21/1998 11:40:00 AM
From: Sonny52  Read Replies (2) of 15094
 
David, You ask an excellent question about the relationship between bombings and the stock market. I did a little checking, and the day after the U.S. bombed Baghdad in '91, the Dow was up more than 100 points (part of this, I think, was due to relief that the U.S. had finally taken decisive action after months of building up to it). I haven't had time to check on the reaction to some of the smaller-scale air strikes. One of the differences with the latest bombings, I think, is the uncertainty brought on by no one knowing what Osama bin Laden might do next.
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