But you only loose your shirt if the buisnesses are no longer in buisness yes?
If your patient and wait it out the stock goes up and leaves you none the worse for wear yes?
9/11 I can understand because entire buisnesses ceased to exist as a result of the attacks.
But an attack like this it would seem to me would only have a short term effect on most if not all buisnesses effected.
While on a personal level the attacks inn London was a very terrible thing. From a buisness standpoint I dont see how it is anything more then a speedbump.
you are correct what you are describing are investors..(investors are in for the long haul..) What a large amount of the volitility is from are traders...
Merril, Templeton, Fidelity, etc.. These houses trade massive shares of everthing on a daily basis.
They control the market... When you buy stock you most likely buy it from them directly as they and the market set the price... (they buy so many shares directly from company then resell them to you..)
the effects of the market should be short term due to this attack but with another attack you could have a complete lack of investor confidence (like after 2001 or even before it when Dot.bomb happened) then you have a massive selloff aka a stock market crash..
lets hope that doesn't happen..
DoctorYo
