WTC and Stocks

[SocialDistortion]

http://cnnfn.cnn.com/2001/09/15/markets/hotstox/

I thought some of you may find this useful

 

[StageLeft]

Its gonna drop, but the market will go up again. I, for one, and not selling anything I own.

 

[SocialDistortion]

does anyone have any recommendations for stocks to buy?

 

[thebestMAX]

If you own any stocks, stay long.

Anything else is unamerican.

To profit on a disaster like this is unthinkable!

 

[SocialDistortion]

i'm not looking to profit. i'm not investing anymore. i'm just curious as to how this affects the economy and what parts

that's all

sorry for the confusion

 

[thebestMAX]

Sorry, SD

Didnt mean you personally.

 

[wQuay]

Gold. Buy gold stocks.

 

[SocialDistortion]

<< Sorry, SD

Didnt mean you personally. >>


lol. it's cool

 

[nicowju]

I'm keeping everything I own for the long run

 

[Russ]

<< there's a very good chance that the market will see some kind of a downward move, but of what magnitude, we're not prepared to say >>



Translation:

I don't have a clue, but I get paid to sound like I do.

Russ, NCNE

 

[ToBeMe]

War Bonds????

 

[gopunk]

you probably don't want to follow the crowd when it comes to things like this. you're best off examining the events and judging for yourself which industries will be affected and how.

 

[SocialDistortion]

<<

<< there's a very good chance that the market will see some kind of a downward move, but of what magnitude, we're not prepared to say >>



Translation:

I don't have a clue, but I get paid to sound like I do.

Russ, NCNE >>



LMAO!! Nice

 

[HowardStern]

Short American and United Air. They gotta take a major dump on Monday. I would have to think that 2 planes crashing could take out both airlines (potentially).

 

[ultimatebob]

I have three investment tips for you guys:

1) Ignore any stock tips that you get from online forums, espically ones that have nothing to do with the stock market

2) If you're smart, you'll keep your money in safe havens like bonds, or index and mutual funds. I'm actually planning on INCREASING my holdings in these investments on Monday, because moments of panic selling are usually good buying opportunities.

3) If want to buy individual stocks:

Avoid airline stocks, or insurance and financial firms that have a big presence in the New York area. Many of these companies might end up having to declare bankruptcy, if the government doesn't step in to assist them. Media companies will also be hurt by this terrorist attack, as they haven't been showing many commericals during their 24/7 news coverage. Most of fall TV and movie schedules have been postponed as well, and will need to be re-written as not to offend sensitive viewers.

Energy companies, oil companies, defense contractors, and construction firms usually well in times of rebuilding after a tragic event such as this one.

That said, please re-read #1, and make your own investment decisions