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Politics : Let's Start The War And Get It Over With -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus_Long who wrote (443)3/2/2003 2:08:22 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 808
 
Holy Cow!

Now I know how Custer felt LOL!! They were coming from all sides on the other thread but I think its been a pretty good discussion. Nobody really got too bent which is good IMO.



To: Lazarus_Long who wrote (443)3/4/2003 7:40:08 AM
From: Vitas  Respond to of 808
 
"the historical record doesn't support the common hypothesis that war is bad for the stock market. A study by Ned Davis Research looked at 36 crisis events, most war-related, beginning with the World War I, triggered closing of the stock exchange in 1914 and continuing through the Enron (ENRNQ, news, msgs) testimony before Congress last year. It found that during a crisis, the Dow Jones industrial average ($INDU) fell an average of 6.4%. But right after that, the market rallied -- an average of 3.9% after 22 trading days, 5.1% after 63 and 9.1% after 126."

Ned Davis Research